Gce Model Questions Vol1 2021 Economics Question 32
Practice objective / multiple choice question 32 from the 2021 Gce Model Questions Vol1 Economics examination.
A firm's total cost function (in £) is \(TC = 0.5Q^{2} + 20Q + 5000\), where \(Q\) is output. A per‑unit tax of £200 is imposed. After the tax, what level of output minimises average total cost? Give the output as a whole number of units.
Answer Options
About This Question
This is Gce Model Questions Vol1 2021 Economics Question 32. It is one of the objective questions from the 2021 Gce Model Questions Vol1 Economics examination.
Difficulty level: Hard .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.