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You are given the following cost functions: TC = 100 + 60Q - 3Q2+ 0.1Q3 TC = 100+ 60Q + 3Q2 TC = 100 +60Q

You are given the following cost functions:

TC = 100 + 60Q - 3Q2+ 0.1Q3

TC = 100+ 60Q + 3Q2

TC = 100 +60Q

Calculate following cost functions for each of above cost equation.

Total cost

Total fixed cost

Total variable cost

Average total cost

Average fixed cost

Average variable cost

Marginal cost

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