Question
A firm's total cost function is as follows:TC = 5Q3- 18Q2+ 45Q + 480.What is the firm's average variable cost if Q = 8? Group
A firm's total cost function is as follows:TC = 5Q3- 18Q2+ 45Q + 480.What is the firm's average variable cost if Q = 8?
Group of answer choices
$70
$189
$221
$290
A firm's total cost function is as follows: TC = 3Q3- 36Q2+ 150Q + 1000.At what quantity is marginal cost at its minimum?
Group of answer choices
1
4
3
2
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Power And Plenty Trade, War, And The World Economy In The Second Millennium
Authors: R Findlay, Ronald Findlay
1st Edition
0691143277, 9780691143279
