Question: A firm's total cost function is given by the equation: TC = 4 0 0 0 + 5 Q + 1 0 Q 2 .

A firm's total cost function is given by the equation:
TC =4000+5Q +10Q2.
What are the Total Fixed Cost and the Average Fixed Cost?
Group of answer choices
TFC =4000 and AFC =2000/Q
TFC =200 and AFC =200/Q
TFC =4000 and AFC =4000/Q
TFC =2000 and AFC =4000

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