Janet's Poodle Grooming Salon Has a Total Cost Curve Expressed

question 186

Multiple Choice

Janet's poodle grooming salon has a total cost curve expressed by the equation TC = 100 + 3Q², where Q is the quantity of dogs groomed.Given this expression,Janet is operating in the:

• A)long run.
• B)short run,and her fixed costs are $100.
• C)long run,and her fixed costs are $100.
• D)short run,and there are no fixed costs.

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