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A Firm Has the Production Function Q = in the Short

Question 11

Multiple Choice

A firm has the production function Q = A firm has the production function Q = In the short run it must use exactly 15 units of factor 2. The price of factor 1 is $75 per unit and the price of factor 2 is $2 per unit. The firm's short-run marginal cost function is A) MC(Q) =. B) MC(Q) = 30. C) MC(Q) = 30 + 75Q2. D) MC(Q) = 2Q. E) MC(Q) = 15. In the short run it must use exactly 15 units of factor 2. The price of factor 1 is $75 per unit and the price of factor 2 is $2 per unit. The firm's short-run marginal cost function is


A) MC(Q) =.
B) MC(Q) = 30.
C) MC(Q) = 30 + 75Q2.
D) MC(Q) = 2Q.
E) MC(Q) = 15.

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