Answered: If short run total costs are 2q? + 50q…

If short run total costs are 2q? + 50q + 50, and output is 15, average variable costs will be a. 80. b. 50. c. 450. d. 105. e. 52.50.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If short run total costs are 2q? + 50q + 50, and output is 15, average variable costs will be
a. 80.
b. 50.
c. 450.
d. 105.
e. 52.50,

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If short run total costs are 2q2 + 50q + 50, and output is 15, average variable costs will be a. 80 b. 50 C. 450 d. 105 e. 52.50
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