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Let's assume that the current market for cell phones is monopolistically competitive .Each competitor sells a slightly differentiated product, but competes for a share of

Let's assume that the current market for cell phones is monopolistically competitive.Each competitor sells a slightly differentiated product, but competes for a share of the market of cell-phone users.If the demand for the Samsung Galaxy s4 is given by the following Demand Function:

P=1211-75Q

and Samsung's AVERAGE TOTAL COST function is given:

Atc=Q-5+2432/Q

a.What is the Total Cost Function for Samsung?

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