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A firm in a competitive market has the following cost function: C(q)=3q2+3q+12 1-Determine the functions of marginal cost, average variable cost and average cost. 2-Calculate
A firm in a competitive market has the following cost function: C(q)=3q2+3q+12 1-Determine the functions of marginal cost, average variable cost and average cost. 2-Calculate the break-even point of the business.
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