Answer to Question #108823 in Microeconomics for Solly

Question #108823
The average cost function of a good is given by AC=200/Q +2Q-36

Where Q is quantity produced. The level of output that minimises average cost is :-
1
Expert's answer
2020-04-10T09:08:36-0400

(200/Q +2Q-36)'=0;

-200/Q2+2=0;

Q2=100, Q=10


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