A companies total cost are given tc 1000 2q 5q2 write, Econometrics

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A companies total cost are given tc 1000 2q 5q2 write

A companies total cost are given
TC = 1000 + 2q + 5q2
Write the expressions for:
a. Total fixed cost
b. Average Fixed cost
c. Total Variable cost
d. average variable cost
e. average total cost
f. if marginal cost for business is MC = 2 + 10q, what is thequantity that minimizes average total cost?

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Econometrics: A companies total cost are given tc 1000 2q 5q2 write

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Econometrics: A companies total cost are given tc 1000 2q 5q2 write

Reference No:- TGS0582467

Have a Question? (oR Write a Review)

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Econometrics: A companies total cost are given tc 1000 2q 5q2 write

Reference No:- TGS0582467

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