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Managerial Economics · Quiz 1 · 25 Feb 2024 · January 2024 term

Question 18: What is marginal cost of company at q=25? _

Question 18

+1 markNumerical answer

The short run cost function of a company is given by the equation TC=100+25q+q2, where TC is total cost and q is no of units produced.
Based on the above data, answer the given subquestions.

What is marginal cost of company at q=25? _______________

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Correct answer: 75

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Question 18 of 19 in the IIT Madras BS Managerial Economics (Managerial Economics) Quiz 1 paper sat on 25 Feb 2024, in the January 2024 term (IIT M DEGREE AN2 EXAM QDB2 25 Feb 2024). It carries 1 mark.

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