Question: 3)Suppose a firm has a short-run cost function: C(q) = 1000 + 200q 5q^2 + 0.5q^3. What are the fixed cost (F), the variable cost
3)Suppose a firm has a short-run cost function: C(q) = 1000 + 200q 5q^2 + 0.5q^3. What are the fixed cost (F), the variable cost function (VC), the marginal cost (MC), the average cost (AC), the average fixed cost (AFC) and the average variable cost (AVC)?
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