8.10. For each of the total cost functions, write the expressions for the total fixed cost, average...
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8.10. For each of the total cost functions, write the expressions for the total fixed cost, average variable cost, and marginal cost (if not given), and draw the average total cost and marginal cost curves.
a) TC(Q) ! 10Q TC(Q) ! 1000Q1 2.
b) TC(Q) ! 160 " 10Q
c) TC(Q) ! 10Q2
, where MC(Q) ! 20Q
d) where
e) TC(Q) ! 160 " 10Q2
, where MC(Q) ! 20Q
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