Suppose the Total Cost to Produce Quantity Q Is TC(q)=

question 93

Multiple Choice

Suppose the total cost to produce quantity q is TC(q) = q²/10+250. If this firm is a price- taker and the market price is p = 10, then the firm's output will be:

• A)240.
• B)250.
• C)260.
• D)0.

---

Definitions:

Working Capital Strategy

A business approach focusing on managing a company's operational needs efficiently by balancing current assets and current liabilities to maintain liquidity.

Long-term External Financing

Funding obtained from sources outside the company, typically through issuing equity or long-term debt, intended for periods longer than one year.

Aggressive

An assertive stance or policy in business or investment, typically involving higher risks for the possibility of higher returns.

Financial Planning Process

A comprehensive evaluation of an individual's or organization's current and future financial state by using currently known variables to predict future cash flows and asset values.