Question: 8. Suppose the total cost function is given by C = 100 + 10Q + Q2. At Q=10 units of output, what is happening to

8. Suppose the total cost function is given by C =

8. Suppose the total cost function is given by C = 100 + 10Q + Q2. At Q=10 units of output, what is happening to the Average Total Cost (ATC)? (Hint: Compare ATC with MC) a. ACT is declining b. ATC is rising c. ATC is at its minimum

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