Question
Given TC = 6+4q^2 drive the MC function
Answers
GPT 3.5
To find the marginal cost (MC) function, we need to take the derivative of the total cost (TC) function with respect to quantity (q).
Given TC = 6 + 4q^2
We differentiate TC with respect to q:
d(TC)/dq = d(6)/dq + d(4q^2)/dq
= 0 + 8q
Therefore, the marginal cost (MC) function is:
MC = 8q
Given TC = 6 + 4q^2
We differentiate TC with respect to q:
d(TC)/dq = d(6)/dq + d(4q^2)/dq
= 0 + 8q
Therefore, the marginal cost (MC) function is:
MC = 8q