Wednesday
November 26, 2014

Homework Help: ecoc

Posted by kim on Thursday, August 9, 2007 at 11:18am.

TC=50+16 Q -2 Q2+0.2 Q3
a.plot this curve for quantites 1 to 10
b.calculate the average total cost,average variable cost, and marginal cost for these quantities, and plot them on another graph
c. discuss your results in term of decreasing,constant, and increasing marginal costs.

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