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Given a cost function c(q) = 200 + 14q + 8q2, what is the marginal cost function?
A) 14 + 16q
B) 14Q + 8q2
C) 200 + 8q2
D) 14 + 16q2
Chapter 05 - The Production Process and Costs65. For the cost function C(Q) = 1000 + 14Q + 9Q2 + 3Q3, what is the marginal cost of producing the fourth unit of output?
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Difficulty: Hard66. For the cost function C(Q) = 200 + 3Q + 8Q2 + 4Q3, what is the average fixed cost of producing six units of output?
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68. For the multiproduct cost function C(Q1,Q2) = 100 + 2Q1Q2 + 4Q12what is the marginal cost function for good one? , a. MC1 = 2Q2 + 4Q1 - QB. MC1 = 2Q2 + 8Qc. MC1 = 100 + 2Q1Q2 + 4Q1d. MC1 = 4Q12 - 2 Q222122
88. The Cobb-Douglas production function is
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Given a cost function C(Q) = 200 + 14Q + 8Q2, what is the marginal cost function?
- 14 + 16Q
- 14Q + 8Q2
- 200 + 8Q2
- 14 + 16Q2
Given a cost function C(Q) = 200 + 14Q + 8Q2,The marginal cost function is 14 + 16Q.