To Find the Firm's Generalized Marginal Cost Curve in the Short

question 10

Multiple Choice

To find the firm's generalized marginal cost curve in the short run, take the derivative of the _____ cost curve with respect to quantity Q while _____.

• A) total; allowing both capital and labor costs to change
• B) total; holding the cost of labor fixed
• C) total; holding the cost of capital fixed
• D) variable; allowing both capital and labor costs to change