2 Answers
For TC = 20,000 + 10 Q
MC = dTC/dQ, and
AC = TC/Q
therefore:
MC = 10
AC = 20,000/Q + 10
AVC = VC/Q (more data is needed to do this calculation).
For TC = 18,000 + Q + 0.2 Q2
MC = dTC/dQ, and
AC = TC/Q
therefore:
MC = 1 + 0.4Q
AC = 18,000/Q + 1 + 0.2Q
AVC = VC/Q (more data is needed to do this calculation).
11 years ago. Rating: 1 | |
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