Question: Given the total cost function TC = 200 + 80Q - 30Q 2 + 4Q 3 , calculate the following (TFC = 100): a. Average

Given the total cost function

TC = 200 + 80Q - 30Q2 + 4Q3, calculate the following (TFC = 100):

a. Average Fixed Cost (AFC)

AFC =

b.Average Variable Cost (AVC)

AVC =

c.Marginal Cost (MC)

MC =

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