Question: I have been provided a set of data, which includes quantity, price, and total cost. How do i determine equations for P=f(Q), MR=f(Q), ATC=f(Q, Q
I have been provided a set of data, which includes quantity, price, and total cost.
How do i determine equations for P=f(Q), MR=f(Q), ATC=f(Q, Q2), AVC=f(Q, Q2), MC=f(Q, Q2).
I have the data entered into excell but can not figure out what to do next.
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