Question
TC = 4,500 + 5Q2 MC = 10Q At the profit maximizing quantity that you previously calculated, what is the average total cost at that
TC = 4,500 + 5Q2
MC = 10Q
At the profit maximizing quantity that you previously calculated, what is the average total cost at that quantity?
| a. | $340 | |
| b. | $105 | |
| c. | $755 | |
| d. | It can't be determined. |
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International Economics
Authors: Robert C. Feenstra, Alan M. Taylor
3rd edition
978-1429278515, 142927851X, 978-1319029517, 1319029515, 978-1429278447
