Question: 3. (10p) Derive formulas for average fixed cost, average variable cost, average total cost, and marginal cost for the following cost function TO = 10Q2

 3. (10p) Derive formulas for average fixed cost, average variable cost,

average total cost, and marginal cost for the following cost function TO

3. (10p) Derive formulas for average fixed cost, average variable cost, average total cost, and marginal cost for the following cost function TO = 10Q2 - 100Q + 1, 000 (1)

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