Given the total cost function: C=16q2 + 10q+36 (where q is the output)
Find: (i) values of q for which ATC is falling, and
(ii) values of q for which ATC is rising
3 answers
Value of q which ATC is falling and Value of which ATC is rising
Given the total cost function: C=16q2 + 10q+36 (where q is the output)
Find: (i) values of q for which ATC is falling, and
(ii) values of q for which ATC is rising
Find: (i) values of q for which ATC is falling, and
(ii) values of q for which ATC is rising
economics