A Variable Cost Function of the Form: VC = 52

question 107

Multiple Choice

A variable cost function of the form: VC = 52 + 2Q + 3Q² implies a marginal cost curve that is

• A)constant.
• B)upward sloping.
• C)U-shaped.
• D)quadratic.

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Definitions:

Personality

A person's unique patterns of thoughts, feelings, and behaviors that persist over time and across situations.

East Asia

A geographical region that includes countries such as China, Japan, Korea, and Taiwan, known for its rich cultural heritage and economic significance.

Psychotherapy

A general term for treating mental health problems by talking with a psychiatrist, psychologist, or other mental health provider.

Sigmund Freud

Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.