Question: 2.2 Give the formulas for and plot AFC, MC, AVC, and AC if the cost function is a. C = 10 + 10q, b. C

2.2 Give the formulas for and plot AFC, MC, AVC, and AC if the cost function is

a. C = 10 + 10q,

b. C = 10 + q2,

c. C = 10 + 10q - 4q2 + q3. (Hint: See Solved Problem 7.2.) M

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