Shag Express,a Retailer of Lamps,has Determined That Its Total Cost

question 26

Multiple Choice

Shag Express,a retailer of lamps,has determined that its total cost of retailing lamps is TC = 200 + 10Q + 5Q².At 10 units of output,the firm's marginal cost is:

• A) $110.
• B) $100.
• C) $800.
• D) $230.
• E) $10.

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Definitions:

Direct Financing Leases

A type of lease where the lessor accounts for the asset as a receivable at an amount equal to the net investment in the lease.

Sales-Type Leases

Leases where the lessor recognizes immediate profit on the sale, in addition to interest revenue over the lease term, similar to a financial purchase.

Direct Financing Lease

A type of lease arrangement where the lessor purchases the asset for the lessee and finances it, with lease payments designed to cover the cost and provide a return on investment.