Question: Now, consider the same discrete variations in Q . This time, however, we assume that total fixed cost ( TFC ) is equal to 2

Now, consider the same discrete variations in Q. This time, however, we assume that total fixed cost (TFC) is equal to 25. As a result, our long-run total cost function should be modified a bit: TC=25+15*Q-0.5*Q2+0.15*Q3. The long run average cost function is in this case:

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