A Find the Marginal Cost for Q=110 When the Fixed

question 3

Short Answer

A. Find the marginal cost for q=110 when the fixed costs in dollars are 2,000, the variable costs are 100 per item, and each sells for $400.
B. Find the marginal revenue under the same conditions.

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Definitions:

Energy Efficient

Description of devices, systems, or processes that use less energy to perform the same tasks as their less efficient counterparts, reducing overall energy consumption.

4G

Stands for fourth generation. The current mobile communication standard with faster data transfer rates than 3G.

Traffic Signal

A device that controls the flow of vehicles and pedestrians through intersections or roadways by using lights of standard colors (red, yellow, green).