suppose that the short run costs for a paintbrush manufacturer are given by the expression:

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suppose that the short run costs for a paintbrush manufacturer are given by the expression: TC: 100+2Q+0.01Q^2. A, what is the fixed cost of this manufacturer? B, what are the total cost , average cost , average variable cost, and marginal cost at 50 units of output?

suppose that the short run costs for a paintbrush manufacturer are given by the expression: TC= 100+2Q+0.01Q^2. A, what is the fixed cost of this manufacturer? B, what are the total cost, average cost, average variable cost and marginal cost at 50 units of output?

suppose that Anbassa shoe factory operates in a perfectly competitive market. the market price of its product is $74 per units . The firm estimates its cost of production with the cost function of TC = 128 + 50Q- 16Q^2+2Q^3. A, what level of output should the firm produce to maximize ? B, determine the level of profit at equilibrium. C, what minimum price is required by the firm to stay in the market?

suppose that Anbassa shoe factory operates in a perfectly competitive market. The market price of its product is $74 per units. The firm estimates its cost of production with the cost function of TC = 128 + 50Q - 16Q ^2 +2Q^3. A, what level of output should the firm produce to maximize its profit? B, determine the level of profit at equilibrium. C, what minimum price is required by the firm to stay in the market?

Suppose that the short run costs for a paintbrush manufacturer are given by the expression: TC = 100+2Q+0.01 Q2

a) What is the fixed cost of this manufacturer?
b) What are the total costs, average cost, average variable cost and marginal cost at 50and 100 units of output?

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