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Question

Economics Question on Business Finance

Match List-I and List-II

LIST ILIST II
A.For TC(Total Cost)=20+10q-3q2+q3
AFC(Average Fixed Cost) is:I.
B.Given TC=20+10q-3q2+q3
MC(Marginal Cost) is:II.
C.Given TC=20+10q-3q2+q3
AVC(Average Variable Cost) is:III.
D.Given TC=20+10q-3q2+q3
ATC(Average Total Cost) is:IV.

Choose the correct answer from the options given below:

A

A-II, B-III. C-I. D-IV

B

A-IV, B-II, C-I, D-III

C

A-IV. B-I. C-II. D-III

D

A-III, B-IV. C-II. D-I

Answer

A-IV. B-I. C-II. D-III

Explanation

Solution

The correct option is(C): A-IV, B-I, C-II, D-III