Question: QUESTION 5 0.2 points Cost function is C(q) = 72 + 2 q . At what value of q does the marginal cost curve intersect

 QUESTION 5 0.2 points Cost function is C(q) = 72 +

QUESTION 5 0.2 points Cost function is C(q) = 72 + 2 q . At what value of q does the marginal cost curve intersect average total cost curve? Recall from your introductory microeconomics class that the marginal cost curve intersects the the average total cost curve at the minimum of average total cost. QUESTION 6 0.1 points Revenue function is R(q) =50q - 2q2. what is marginal revenue at q = 12.5? QUESTION 7 0.1 poin Revenue is function is R(q) = 10q. What is marginal revenue at q = 100 ? QUESTION 8 0.1 po Demand function is p = 500 - q. What is marginal revenue at q = 250? (Hint: First multiply P by q to obtain total revenue.)

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