Use the following Total cost and Total revenue functions : TC=150+20 & TR=50 Answer the following questions. If TC= 0,
Posted: Mon Apr 25, 2022 8:07 am
- Use The Following Total Cost And Total Revenue Functions Tc 150 20 Tr 50 Answer The Following Questions If Tc 0 1 (62.37 KiB) Viewed 52 times
- Use The Following Total Cost And Total Revenue Functions Tc 150 20 Tr 50 Answer The Following Questions If Tc 0 2 (240.11 KiB) Viewed 52 times
If TC= 0, then Q=... * O Q=-75 (meaningless, no negative quantity in economics) Q=-75 (meaningful, there is negative quantity in economics) If TC=0 then the TR=0 None of the above The fixed cost equation is: FC = 152 FC = 2. O FC = 150 FC = 20