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Consider the following cost function: C = 2q^3 - 49^2 +30q +50. What are the equations for: i) Fixed Costs. FC = ii) Variable Costs.

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Consider the following cost function: C = 2q^3 - 49^2 +30q +50. What are the equations for: i) Fixed Costs. FC = ii) Variable Costs. VC = iii) Marginal Cost. MC = iv) Average Fixed Cost. AFC = V) Average Variable Cost. AVC = vi) Average Cost. AC vii) At which quantity is the minimum AVC

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