What would increase in total cost if output were increased


Problem

1. If a firm faces the marginal cost function MC = 40 - 18q + 4.5q2, what would be the increase in total cost if output were increased from 30 to 40?

2. Specify your own function representing a marginal concept in economics, find the indefinite integral and the definite integral over a specified range of values and interpret the meaning of your answers.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: What would increase in total cost if output were increased
Reference No:- TGS02124809

Expected delivery within 24 Hours