Suppose Y company estimates the following total cost function from cost output data:
TC = $135,000 + $250Q + $1.5Q2. Find the optimum level of output that makes the company efficient and per unit cost (AC) at the rate of output.
TC = $135,000 + $250Q + $1.5Q2. Find the optimum level of output that makes the company efficient and per unit cost (AC) at the rate of output.
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