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Homework answers / question archive / A firm has a fixed production cost of $20,000 and a constant marginal cost of production of $900 per unit produced
A firm has a fixed production cost of $20,000 and a constant marginal cost of production of $900 per unit produced. What is the firm's total cost function?
A. TC = 20,000 + (900q).
B. TC = 900q.
C. TC = 20,000.
D. TC = 20,000+(900q)q20,000+(900q)q.
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