What is the output that minimize ATC for a firm given the following total cost function

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TC = 31 Q + 24 Q² - 5.5 Q³ + (1/3) Q⁴

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College Algebra With Modeling And Visualization

ISBN: 9780134418049

6th Edition

Authors: Gary Rockswold

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Posted Date: Apr 24, 2024 01:46 PM

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What is the output that minimize ATC for a firm given the following total cost function

Question:

Expert Answer:

Answer To minimize average total cost ATC you need to find the level of output that corresp... View the full answer

College Algebra With Modeling And Visualization

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