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Given the total cost function TC = 200 + 80Q - 30Q 2 + 4Q 3 , calculate the following (TFC = 100): a. Average
Given the total cost function
TC = 200 + 80Q - 30Q2 + 4Q3, calculate the following (TFC = 100):
a. Average Fixed Cost (AFC)
AFC =
b.Average Variable Cost (AVC)
AVC =
c.Marginal Cost (MC)
MC =
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