illustrate the relation between marginal cost, average total cost, average variable cost, and fixed cost cures, give a total cost function TC (Q) = 50Q2 + 10Q +75. Where Q represents the quantity of out put produced. find the expression of variable cost, fixed cost, AVC,AFC and ATC
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illustrate the relation between marginal cost, average total cost, average variable cost, and fixed cost cures, give a total cost function TC (Q) = 50Q2 + 10Q +75. Where Q represents the quantity of out put produced. find the expression of variable cost, fixed cost, AVC,AFC and ATC
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9th Mar, 2022
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