Multiple ChoiceA firm’s total cost (in dollars) to produce q units is C(q)=500+20q+0.5q2. What is the marginal cost function MC(q)?6views
Multiple ChoiceIn business calculus, if R(x) is the total revenue from selling x units, what is the best definition of marginal revenue?3views
Multiple ChoiceIn business calculus, marginal cost is best defined as the change in which quantity with respect to output quantity q?6views
Multiple ChoiceIn economics, marginal cost is defined as the derivative of total cost with respect to quantity produced. If total cost is C(q), which expression represents marginal cost?13views
Multiple ChoiceIn business calculus, if C(x) is the total cost to produce x units, what is the marginal cost at output level x?6views
Multiple ChoiceIn business calculus, if total cost is given by C(x) where x is the number of units produced, what does marginal cost refer to?5views
Multiple ChoiceIn business calculus, marginal cost is interpreted as a derivative. What does marginal cost refer to?3views
Multiple ChoiceUse the definition of a derivative, to find the derivative of the function g(x)=x3g(x)=x^3g(x)=x3 at x=−1x=-1x=−1.174views2rank