Suppose total cost of a particular firm is given by TC=Q3-60Q2+910Q+150; marginal cost is MC=3Q2-120Q+910: Find...

Question

Question

Suppose total cost of a particular firm is given by TC=Q³-60Q²+910Q+150; marginal cost is MC=3Q²-120Q+910:

Find expressions for total fixed cost, total variable cost, average total cost, and average variable cost.

Answer 1

Answer #1

Given C TC-Q3-60060+9100 +150 and mc= 30²-1208 + 910 Total fixed Cost: 150 [fixed Cost always remaine - Constanta Total Varia

Answer 2

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