Question: 4. Given the cost function: C = 1000 + 10Q1/2 + Q + 2Q 2 , derive the average and marginal cost functions. At 5

4. Given the cost function: C = 1000 + 10Q1/2 + Q + 2Q 2 , derive the average and marginal cost functions. At 5 units of output, what are the average and marginal costs.

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