A Firm Has a Production Function of , the Rental

question 167

Multiple Choice

A firm has a production function of , the rental rate of capital is $15, and the wage rate is $10. In the short run,
Is fixed at 100 units. The firm's short-run marginal cost is MC = ____.

• A) 1,500 + Q/5
• B) Q/5
• C) 300Q
• D) 1,500 + Q^0.5

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