Short-run total cost function, Macroeconomics

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Short-run total cost function

A firm has fixed costs of $4,000. Its short-run production function is y = 4 , where x is the amount of variable factor it uses. The price of the variable factor is $4,000 per unit. Where y is the amount of output, the short-run total cost function is

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Macroeconomics: Short-run total cost function

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Macroeconomics: Short-run total cost function

Reference No:- TGS060883

Have a Question? (oR Write a Review)

Recent Questions Asked Macroeconomics

Q : What amount, if any, is michael entitled to deduct

Q : Write formula to describe marginal product-labor short run

Q : Accumulate sufficient funds

Q : What is the amount of hij corp.''s loss

Q : Short-run total cost function

Q : What happens to supply of cell phones if market price rises

Q : Depreciation expense on the truck

Q : How much gain was required to be allocated to tina

Q : Components of total planned expenditures

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Request for Solution File

Ask an Expert for Answer!!

Macroeconomics: Short-run total cost function

Reference No:- TGS060883

Recent Questions Asked Macroeconomics

Q : What amount, if any, is michael entitled to deduct

Q : Write formula to describe marginal product-labor short run

Q : Accumulate sufficient funds

Q : What is the amount of hij corp.''s loss

Q : Short-run total cost function

Q : What happens to supply of cell phones if market price rises

Q : Depreciation expense on the truck

Q : How much gain was required to be allocated to tina

Q : Components of total planned expenditures

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