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For each of the following cost functions, find Marginal Cost, Average Cost and Average Variable Cost. a.TC = 20,000 + 10 Q b.TC = 18,000
For each of the following cost functions, find Marginal Cost, Average Cost and Average Variable Cost.
a.TC = 20,000 + 10 Q
b.TC = 18,000 + Q + 0.2 Q2
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