Question: Using the total cost function TC = 36 + Q2: a. Calculate the function for AC by dividing TC by Q. b. Calculate the function

Using the total cost function TC = 36 + Q2:

a. Calculate the function for AC by dividing TC by Q.

b. Calculate the function for AC by calculating AFC and AVC and adding themtogether.

c. Calculate the value ofAC at Q = 4, Q = 8, and Q = 12.

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