(a) What are the fixed costs and the marginal cost for the cost function in Figure

Chapter 1, Problem 30

(choose chapter or problem)

(a) What are the fixed costs and the marginal cost for the cost function in Figure 1.115? (b) Explain what C(100) = 2500 tells you about costs. 50 100 150 200 0 1000 2000 3000 4000 C(q) q $ Figure 1.115 3

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