Problem #8 An economist estimated that the cost function of a single-product firm is TC = 2,250 + 5Q + 2.5Q2 Based on this information, determine: 1. The average fixed cost (AFC) of producing 10 units of output. 2. The average variable cost (AVC) of producing 10 units of output. 3. The average total cost (ATC) of producing 10 units of output. 4. The marginal cost (MC) of producing the 5* unit? Problem #4 What are the different methods of acquisition of technology? Briefly explain each method