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A firm has total cost of production equal to TC = 400 + 192q -24q 2 + q 3 and marginal cost of MC =

A firm has total cost of production equal to

TC = 400 + 192q -24q2+ q3

and marginal cost of

MC = 192 - 48q + 3q2

where "q" is the number of units per month. Calculate theoutputlevel that minimizesaveragevariablecost.

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