620 pretest : 10 questions :
BUSI 620: Global Economic Environment Pretest 1. The Total Cost -The Total Cost (TC) function shows the relationship between the total cost and the output (Q) -Assume that the Total Cost function of a company is estimated to be TC = $180 + $70Q where Q is the output in units. -What would be the Total Cost if the company produces 120 units? a. $7,180 […]
