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Afirmsaveragecostfunctionisgivenbythequadraticy=x210x+100,whereyistheaveragecostindollarsperunitofoutput. (a)Arethereanyoutputlevelsatwhichthefirmbreakseveniftheoutputpriceis70dollarsperunit. (b)Overwhatrangeofpricesdoesthefirmmakealossatalloutputlevels? (c)Overwhatrangeofquantititesdoesthefirmmakeprofitiftheoutputpriceis100dollars. I have the answer for this question but I just need a good explanation because I don't understand it.

  1. Afirmsaveragecostfunctionisgivenbythequadraticy=x210x+100,whereyistheaveragecostindollarsperunitofoutput.
  2. (a)Arethereanyoutputlevelsatwhichthefirmbreakseveniftheoutputpriceis70dollarsperunit.
  3. (b)Overwhatrangeofpricesdoesthefirmmakealossatalloutputlevels?
  4. (c)Overwhatrangeofquantititesdoesthefirmmakeprofitiftheoutputpriceis100dollars.

I have the answer for this question but I just need a good explanation because I don't understand it.

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