If a Company Has a Cost Curve of TC =

question 11

Multiple Choice

If a company has a cost curve of TC = 300 + 2Q + Q² and it produces 300 units per day,then its marginal cost is

• A)$1.
• B)$600.
• C)$602.
• D)$2.02.

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Definitions:

Maslow's Hierarchy

A theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Aesthetic Needs

The human desire for beauty, order, and form, often related to the arts and nature.

Cognitive Needs

Cognitive needs for comprehending, investigating, and interpreting the world and self.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing thoughts, feelings, and behaviors.