A firm has a fixed production cost of $1 comma 000 and a constant marginal cost of production of $100 per unit produced. What is the firm's total cost function? A. TCequals 1 comma 000. B. TCequals 100 q. C. TCequals StartFraction 1 comma 000 plus (100 q) Over q EndFraction. D. TCequals 1 comma 000plus (100 q).
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Home » Business » A firm has a fixed production cost of $1 comma 000 and a constant marginal cost of production of $100 per unit produced. What is the firm's total cost function? A. TCequals 1 comma 000. B. TCequals 100 q. C.