Solutions Economics

The total cost function at a certain company is TC = 100 + 4Q + 8Q2, where TC is total costs and Q i

Question: The total cost function at a certain company is TC = 100 + 4Q + 8Q2, where TC is total costs and Q is the output.

a. What is the marginal cost when output is 10? (1 pt.)

b. What is the marginal cost when output is 12? (1 pt.) .

c. What is the marginal cost when output is 20? (1 pt.)

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