This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose a cost function is TC = Aq3 + bq2 + cq + d. Then the average variable cost is a. Aq2 + bq + ... (Read 78 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Jul 1, 2018
Suppose a cost function is TC = Aq3 + bq2 + cq + d. Then the average variable cost is
 a. Aq2 + bq + cq +d/q
  b. Aq2 + bq + c
  c. Aq3 + bq2 + cq
  d. d

Question 2

Suppose a cost function is TC = Aq3 + bq2 + cq + d. Then the average total cost is
 a. Aq2 + bq + cq +d/q
  b. Aq2 + bq + c
  c. Aq3 + bq2 + cq
  d. d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


OSWALD

  • Member
  • Posts: 580
Reply 2 on: Jul 1, 2018
Wow, this really help

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

The function of a ligand-gated ion channel The function of a ligand-gated ion channel
Refraction Through Uniform and Variable Thickness Glasses Refraction Through Uniform and Variable Thickness Glasses
Periodic Function p2 Periodic Function p2
Derivative of Inverse Trig Function Derivative of Inverse Trig Function
How reciprocal functions compare to the parent function How reciprocal functions compare to the parent function
Graph the function by hand & label key points on graph: Graph the function by hand & label key points on graph:
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library