Question: Please help 2. Cost for 1 point. The total cost function is TC (q) = 7q3 5q2 + q. (3.) Find the marginal cost of

Please help

2. Cost for 1 point. The total cost function is TC (q) = 7q3 5q2 + q. (3.) Find the marginal cost of output, MC (q). (0.25 points) (b) Find the average total cost of output, ATC[q). (0.25 points) (0) When does the cost structure exhibit DISECONOMIES of scale? Provide a condition on the value of q. Show your work. (0.5 points)

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