Question: =+*12. A computer companys cost function, which relates its average cost of production AC to its cumulative output in thousands of computers Q and its

=+*12. A computer company’s cost function, which relates its average cost of production AC to its cumulative output in thousands of computers Q and its plant size in terms of thousands of computers produced per year q

(within the production range of 10,000 to 50,000 computers), is given by AC = 10 - 0.1Q + 0.3q

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