Question: please answer the question on the picture Problem 1. A rm's production function 0 is given by C (q) = 0.5q2+2q% + 18, Where q

please answer the question on the picture

please answer the question on the picture Problem 1. A rm's production

Problem 1. A rm's production function 0 is given by C (q) = 0.5q2+2q% + 18, Where q is the level of output. (i) Calculate marginal costs (ii) If all xed costs are sunk, nd the minimum price at which this rm will choose to Operate in the market

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