ewelry is a small but rapidly growing Internet retailer. A popular product is its standard 14k white gold diamond anniversary ring (1/4 carat total weight) that retails for $260. Prices are stable, so P = MR = $260 in this market. Total cost relations for this product are: TC = 3,500,000 + 60Q + 0.002Q2 Derive the MC function. a. MC = 60 + 0.001Q b. MC = 60 + 0.002Q c. MC = 60 + 0.004Q2 d. MC = 60 + 0.002Q2 e. MC = 60 + 0.001Q2 f. MC = 60 + 0.004Q