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Questions › CUET-PG › CUET-PG 2025 › Q7
4 marks, −1Microeconomics › Costs of production › Deriving cost functions and cost curvesModerateabout 1 min

CUET-PG 2025 Question 7: Costs of production

If the marginal cost of a firm is given as the function of output, C′(Q)=2 e0.2QC'(Q) = 2\,e^{0.2Q}C′(Q)=2e0.2Q and if the fixed cost is 75, find the total cost function.

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Plain-text version

If the marginal cost of a firm is given as the function of output, C′(Q) = 2 e^(0.2Q) and if the fixed cost is 75, find the total cost function. (A) 10 e^(0.2Q) + 65 (B) 10 e^(0.2Q) (C) 10 e^(0.2Q) + 75 (D) e^(0.2Q) + 75

Also written as: If the marginal cost of a firm is given as the function of output, C'(Q) = 2 e^(0.2Q) and if the fixed cost is 75, find the total cost function.

Costs of production has come up 83 times in 7 exams since 2006.

What this question tests

This question is on Deriving cost functions and cost curves, part of Costs of production in Microeconomics.

Working out cost curves from a cost function, a production function or a marginal cost schedule.

TestStop has 20 past-paper questions on this subtopic; the nearest in year are below.

  • GATE 2023 · Q59Consider the following short-run cost function: C(q) = 10q³-80q²+300q+50 At the minimum average variable…
  • IIT JAM 2022 · Q30The short-run production function is Q = 200 + 0.2L² - 0.0004L³. If the wage rate is Rs. 140 and labour L =…
  • IIT JAM 2022 · Q45The Total Variable Cost is TVC = x³ - bx² and the Total Fixed Cost is 848. The value of b for which Marginal…
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Question from the CUET-PG 2025 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.