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QUESTION 17 Questions 17-18 relate to a firm's average total cost function ATC(q) =50- 10q + q2. At what quantity is average total cost minimized?

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QUESTION 17 Questions 17-18 relate to a firm's average total cost function ATC(q) =50- 10q + q2. At what quantity is average total cost minimized? Hint: find the turning point. QUESTION 18 What is average total cost at this quantity? (Do not include dollar signs.)

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