For a cost function C = 100 + 10Q + Q2, the average variable cost of producing 20 units of output is A

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Question

For a cost function C = 100 + 10Q + Q2, the average variable cost of producing 20 units of output is A

For a cost function C = 100 + 10Q + Q2, the average variable cost of producing 20 units of output is
A. 10
B. 20
C. 30
D. None of the statements associated with this question are correct

managerial economics

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Answer 1

Answer #1

Plug 20 into your formula for total costs, then calculate average variable cost. Remember, the 100 in the total cost represents fixed costs.

answered by: Tino Martinez

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Answer 2

Answer #2

b

answered by: suha

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Answer 3

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For a cost function C = 100 + 10Q + Q2, the average variable cost of producing 20 units of output is A

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For a cost function C = 100 + 10Q + Q2, the average variable cost of producing 20 units of output is A

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