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ECONOMICS

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suppose that the short run costs for a paintbrush manufacturer are given by the expression:
TC= 100+2Q+.01 Q2

A. WAT ARE THE FIXED COSTS OF THIS MANUFACTURE?
B. WHAT ARE THE TOTAL COSTS , AVERAGE COST, AVERAGE VARIABLE COST AND MARGINAL COST AT 50 AND 100 UNITS OF OUTPUT?
C. AT WHAT OUTPUT IS AVERAGE COST THE MINIMUM?

  • ECONOMICS -

    Next time, please do n ot use upper case/capital leteters. They are harder to read and in computer language, they are considered as rude as shouting.

    Sra

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