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A firm's short-run cost function is C(q)= 200q-5q^2+0.6q^3+400. Determine fixed cost, F; average variable cost, AVC; average cost, AC; marginal cost, MC; and average fixed-cost,
A firm's short-run cost function is
C(q)= 200q-5q^2+0.6q^3+400.
Determine fixed cost, F; average variable cost, AVC; average cost, AC; marginal cost, MC; and average fixed-cost, AFC.
Part 2
The fixed cost function (F) is
F= ?
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