Asked by Hassan
TC = 85 + 15Q - 2Q^2 + 2Q^3
Then find MC And AC ? Briefly explain . Step by step.
Then find MC And AC ? Briefly explain . Step by step.
Answers
Answered by
bobpursley
marginal cost is the derivative of TC
MC= 15-4q+6q^2
Average cost is TC divided by q
AC=TC/q=85/q + 15 -2q+2q^2
MC= 15-4q+6q^2
Average cost is TC divided by q
AC=TC/q=85/q + 15 -2q+2q^2
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.