Question: Cost function for a hypothetical firm is TC ($) = 10000 + 4Q + 0.01Q^2 Please calculate the following cost items for producing 100 units

Cost function for a hypothetical firm is TC ($) = 10000

Cost function for a hypothetical firm is TC ($) = 10000 + 4Q + 0.01Q^2 Please calculate the following cost items for producing 100 units of product: 1) Fixed Costs 2) Variable Costs 3) Total Costs 4) Average Total Cost 5) Marginal Cost

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