Question: Consider the following cost function ( C ) : Upper C equals 0 . 2 q cubed minus 3 q squared plus 8 0 q
Consider the following cost function :
Upper equals cubed minus squared plus plus Upper
Part
The equation for
average cost
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:
ACequals squared minus plus plus StartFraction Upper Over EndFraction
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Part
The equation for
variable cost
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:
VCequals cubed minus squared plus
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Part
The equation for
marginal cost
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:
MCequalsenter your response here
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