Suppose a Firm's Total Cost Curve Is TC = Q³

question 93

Multiple Choice

Suppose a firm's total cost curve is TC = Q³ - Q² + Q + 10.
At the quantity that minimizes average variable cost, the marginal cost is equal to $____.

• A) 1
• B) 0.75
• C) 0.5
• D) 0.25

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