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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
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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