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Question-4 (Cost Curves) (25 points) The cost function of a firm is c(y)=3y+6y+5. 1. Find the Average variable and Marginal Cost curves of the

Question-4 (Cost Curves) (25 points) The cost function of a firm is c(y)=3y+6y+5. 1. Find the Average variable and Marginal Cost curves of the firm. 2. What is the quantity level where the average variable cost is minimized?

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