Question: how do you go from step one to two? what happens to the 49.40? a) The formula for the average variable cost according to the

how do you go from step one to two? what happens to the 49.40? a) The formula for the average variable cost according to the regression is: AVC=0.18Q22.50Q+49.40

The minimum of this function happens when its derivative is 0. Using the power rule from Calculus: dQdAVC=20.18Q2.50=0

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