If Total Cost Is Given by TC = a

question 39

Multiple Choice

If total cost is given by TC = a + bQ - cQ² + dQ³,then marginal cost is minimized at units of output.

• A) Q^* = a/2d
• B) Q^* = b/2d
• C) Q^* = c/2d
• D) Q^* = b/3d
• E) Q^* = c/3d

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Definitions:

Representative Clade

A collection of organisms consisting of a common ancestor and all its direct offspring, signifying one lineage on the evolutionary tree.

Supergroup

In phylogenetics, a high-level taxonomic rank above the rank of kingdom, used to organize the diversity of eukaryotes especially.

Alveolates

A group of protists, including dinoflagellates, apicomplexans, and ciliates, characterized by the presence of alveoli (small sac-like structures) beneath their cell membranes.

Representative Clade

A group of organisms that includes an ancestor and all of its descendants, representing a single branch on the tree of life.