Question: Note:round your answer to 2 decimal places. Do NOT put the $ sign in your answer. A monopolist has the following average cost function: AC(q)

Note:round your answer to 2 decimal places. Do NOT put the $ sign in your answer.

A monopolist has the following average cost function: AC(q) = ;q3 + 49'2 9g +1 where 2 5 q 5 9 (q is the quantity produced) The minimum average cost is: $ Note: round your answer to 2 decimal places. Do NOT put the $ sign in your

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