An imperfectly competitive firm has the following total cost curve: C = 100 + 4Q. What is marginal cost equal to when Q = 10?

What will be an ideal response?

MC = 4 for any Q

Economics

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There is anecdotal evidence to suggest that global inequalities are often rooted in inequities

Indicate whether the statement is true or false

Economics

In the 17th century, the Middle colonies:

a. primarily produced crops using slaves on large plantations. b. primarily produced crops that are associated with large economies of scale. c. exported large amounts of wheat and flour to the West Indies. d. are often referred to as "a mercantilist's dream.".

Economics