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1.The total cost function is as follows: TC= 20+ 4Q Calculate the following costs at quantity is Q=10. a.Total fixed cost b.Total variable cost c.Average

1.The total cost function is as follows: TC= 20+ 4Q

Calculate the following costs at quantity is Q=10.

a.Total fixed cost

b.Total variable cost

c.Average total cost

d.Average fixed cost

e.Marginal cost

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