Consider the total cost function T C ( q ) 3 q 2 7 q 2 4 , q 0 , ( 1 ) where q is the production quantity

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Consider the total cost function: T C ( q ) = 3 q 2 + 7 q + 2 4 , q > 0 ,

Consider the total cost function:

T C

(

) = 3

2 + 7

+ 24,

> 0, (1)

where q is the production quantity

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