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

question 49

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 total cost (TC) ?

• A)$144,000
• B)$396,000
• C)$444,000
• D)$642,000
• E)$846,000

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Definitions:

Biological Perspective

An approach in psychology that examines psychological phenomena in terms of their biological underpinnings and evolutionary history.

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