Q5: If the marginal cost (MC) of a firm is a function of output, C'( Q) = 10e0.5Q , and if the fixed cost is FC = 100, find the total-cost function TC( Q).
Q5: If the marginal cost (MC) of a firm is a function of output, C'( Q) = 10e0.5Q , and if the fixed cost is FC = 100, find the total-cost function TC( Q).
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Q5: If the marginal cost (MC) of a firm is a function of output, C'( Q) = 10e0.5Q ,
and if the fixed cost is FC = 100, find the total-cost function TC( Q).](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F08f49649-eb29-409b-bfc6-9b2e6ac4fb73%2F10cb2176-f0ef-47be-8f8a-6cb1ee843b78%2Fuk20ichd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Q5: If the marginal cost (MC) of a firm is a function of output, C'( Q) = 10e0.5Q ,
and if the fixed cost is FC = 100, find the total-cost function TC( Q).
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