Question: If total cost is given by TC = a + bQ + cQ^2+ dQ^3, then marginal cost is minimized at __________ units of output. a)

If total cost is given by TC = a + bQ + cQ^2+ dQ^3, then marginal cost is

minimized at __________ units of output.

a)

Q* = a / 2d

b)

Q* = b / 2d

c)

Q* = c / 2d

d)

Q* = b / 3d

e)

Q* = c / 3d

Could I get the answer and explanations?

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