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Pet' is a toy manufacturing company and the total cost function has been formulated for the production of toys as follows. TC = 4000+100Q+ 40Q2

Pet' is a toy manufacturing company and the total cost function has been formulated for the production of toys as follows. TC = 4000+100Q+ 40Q2 If the firm has planned to produce 200 units of toys: a. What would be the Total Fixed Cost? b. Compute the Average Fixed Cost, Average Variable Cost, Average Total Cost and Marginal Cost

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