Suppose you are the owner of a pizza restaurant operating


Suppose you are the owner of a pizza restaurant operating in a competitive market. Your cost of production is given by TC (Q)= 500+9Q-7/2Q^2+1/3Q^3, where q is the number of pizzas and TC is the total cost.

What is the variable cost of production, fixed cost of production, average cost of production, and marginal cost of production?

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Business Economics: Suppose you are the owner of a pizza restaurant operating
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