Business Economics
posted by Elise on .
How do you generate the average variable function (AVC) given the estimated marginal cost function (SMC)?

Thank you for using the Jiskha Homework Help Forum. Hopefully this tutorial will help:
http://www.economics.utoronto.ca/osborne/2x3/tutorial/C1INFRM.HTM 
I got a few answers but I don't know which one is correct.
If the SMC = 80  0.1Q + 0.0001Q2, what would be the correct answer fo AVC?
I'm still a bit confused. 
Total cost can be derived by integrating the marginal cost function.
I get TC = 9=80Q  (.1/2)Q^2 + (.0001/3)Q^3.
Devide by Q to get AVC