Monday, August 8, 2011

TFC = total fixed cost Q = quantity of output MC = marginal cost P = product price TVC = total variable cost?

How'd you know I was a business major? haha I'm doing this in my cles and it all seems correct to me. Is this for an economics course? Knowing what equation you're using would help. Because the quantity and price aren't always the quantity of output and product price if I remember correctly. But in general it is correct.

No comments:

Post a Comment