A Manufacturer of a Product Has a Marginal Cost Function

question 72

Multiple Choice

A manufacturer of a product has a marginal cost function given by where c is the total cost (in dollars) of producing q units of a product.If fixed costs are $30,000,then the total cost of producing 30 units is

• A) $66,600.
• B) $66,700.
• C) $66,800.
• D) $66,900.
• E) $67,000.

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