The table below shows the short-run cost of a firm. Use it to answer the question below

Quantity (kg) Fixed cost ($) Variable cost ($) Total cost ($) Marginal cost ($) Average cost ($)
1 750 200 950 - 950
2 750 560 1310 360 655
3 750 900 P Q 550

Calculate the value of Q

a

$350

b

$340

c

$360

d

$370

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Correct Option
b

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Baby567
1 year ago

I do not understand where they got 900 from

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