Suppose that the cost function is represented by cq
Suppose that the cost function is represented by C(q)= 100+10q+5q^2
a) Find the fixed and variable cost
b) Find the average cost and marginal cost
c) Draw the relationship between MC and AC. prove they always intersect at the minimum.
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suppose that the cost function is represented by cq 10010q5q2a find the fixed and variable costb find the average cost
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