Find the Marginal Cost for Q = 100 When the Fixed

question 85

Short Answer

Find the marginal cost for q = 100 when the fixed costs in dollars are 1000, the variable costs are $190 per item, and each sells for $310.

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Definitions:

Unreasonable Risk

A risk that is not justifiable given the current knowledge of a harmful event's likelihood and severity.

CERCLA

The Comprehensive Environmental Response, Compensation, and Liability Act, a U.S. law aimed at the cleanup of sites contaminated with hazardous substances and pollutants.

SARA

An acronym that stands for Superfund Amendments and Reauthorization Act, legislation aimed at addressing hazardous waste and environmental cleanup.

Innocent Landowners

Individuals who own property without knowledge of any environmental contaminations or violations present on the land.