Question 2
EasyOriginal questionThe marginal cost of making units is rupees, and the fixed cost is ₹250. What is the total cost function?
Show the answer and explanation
CorrectNot quiteAnswer C
Correct answer: C
Explanation
.
The constant is the fixed cost, : .
Worth noting
forgets to halve when integrating it.
- Concept
- Total cost from marginal cost
- Typical timeTypical
- 60 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Consumer & Producer Surplus, at your own pace.