1) The Short-Run Cost function of a company is given by the equation: TC = 500+80Q2+ 3Q3

where:

TC is the total cost and Q is the total quantity of output, both measured in millions of dollars.

If the company produced 5 units of goods, its average fixed cost is equal?

2)The Short-Run Cost function of a company is given by the equation: TC = 500+80Q2+ 3Q3

where:

TC is the total cost and Q is the total quantity of output, both measured in millions of dollars.

The companys Fixed Cost is equal to?

3) The Short-Run Cost function of a company is given by the equation: TC = 500+80Q2+ 3Q3

where:

TC is the total cost and Q is the total quantity of output, both measured in millions of dollars.

If the company produced 5 units of goods, its total cost is equal?

4)The Short-Run Cost function of a company is given by the equation: TC = 500+80Q2+ 3Q3 where: TC is the total cost and Q is the total quantity of output, both measured in millions of dollars.

If the company produced 5 units of goods, its :marginal cost is equal

5)The Short-Run Cost function of a company is given by the equation: TC = 500+80Q2+ 3Q3 where: TC is the total cost and Q is the total quantity of output, both measured in millions of dollars.

If the company produced 5 units of goods, its average :variable cost is equal