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A firm has cost function C = 900 - 8Q + 9Q 2 .The firm is producing 10 units of output Calculate values for these:
A firm has cost functionC = 900 - 8Q + 9Q2.The firm is producing 10 units of output
Calculate values for these:
a) total fixed cost
b) average fixed cost
c) total variable cost
d) average variable cost
e) total cost
f) average cost
g) marginal cost
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