The Manager of Greene Enterprises,Inc $A V C = 88 - 0.026 Q + 0.000003 Q ^ { 2 }$

question 36

Multiple Choice

The manager of Greene Enterprises,Inc.,recently estimated its average variable cost (AVC) function to be $A V C = 88 - 0.026 Q + 0.000003 Q ^ { 2 }$ Greene Enterprises faces total fixed costs (TFC) of $300,000.When Greene's output is 2,000 units,what is short-run marginal cost (SMC) ?

• A)$20
• B)$42
• C)$72
• D)$90
• E)$100

---

Definitions:

Oral

Relating to the mouth.

Generativity

A concern for establishing and guiding the next generation, often seen during middle adulthood.

Self-Absorption

An excessive focus on oneself and one's own needs, feelings, or experiences, often at the expense of others.

Developmental Tasks

Essential skills or milestones that individuals are expected to achieve at various stages of their lives.