Answer to Question #173107 in Microeconomics for Ayantu Diriba

Question

TC=2Q³-2Q³-4Q+10. What is TFac in short run?

Answer 1

By the definition of TC, we have:

$$TC=TFC+TVC,$$ $$TVC=2Q^3-2Q^3-4Q,$$ $$TFC=10.$$

Answer:

$TFC=10.$