Make up your own tc function and then derive the mc function


Problem

1. If TC = 65 + q1.5 what is MC when q = 25?

2. Derive a formula for MC if TC = 4q3 - 20q2 + 60q + 40.

3. If TC = 0.5q3 - 3q2 + 25q + 20 derive functions for: (a) MC, (b) AC, (c) the slope of AC.

4. What is special about MC if TC = 25 + 0.8q?

5. Make up your own TC function and then derive the corresponding MC function.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Make up your own tc function and then derive the mc function
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