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An economist estimated that the cost function of a single-product firm is: C( Q ) = 100 + 20 Q + 15 Q 2 +

An economist estimated that the cost function of a single-product firm is:

C(Q) = 100 + 20Q+ 15Q2+ 10Q3.

Based on this information, determine the following:

a. The fixed cost of producing 10 units of output.

$

b. The variable cost of producing 10 units of output.

$

c. The total cost of producing 10 units of output.

$

d. The average fixed cost of producing 10 units of output.

$

e. The average variable cost of producing 10 units of output.

$

f. The average total cost of producing 10 units of output.

$

g. The marginal cost whenQ= 10.

$

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