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The total cost function of a firm is given by C(q) = 0.04q 3 - 0.9q 2 + 10q + 10. Find the average cost
The total cost function of a firm is given by C(q) = 0.04q3 - 0.9q2 + 10q + 10. Find the average cost (AC), Marginal cost (MC), Slope of (AC), Slope of (MC) and the Value of q at which average variable cost is minimum.
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