The demand for Automobile has been estimated Y =0.2 Qd -10,000 IF this relationship remains approximatly valid ,computer incom e,asticity if Y1= 10,000 and Y2 =12,000

1.given the short run function,C 1500+0.05Qcubed +0.5Qsquar+0.05Q2-0.01Q+1000

compute

A.Total fixed cost

B.Total variable cost of producing 500unit of output

C.average fixed cost and Average variable cost of producing 500 unit of output

D,Marginal cost