107 809
Assignments Done
100%
Successfully Done
In December 2024
In December 2024
Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Physics
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Math
Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends.
Programming
Answer to Question #67927 in Microeconomics for Tolga Turan
Question #67927
TC=250+60Q-3Q2+0.10Q3 W-where TC is total cost and Q is quantity of output produced.
a)Write an algebraic expressions for the Average Total Cost ?
b)Determine the output level where AVC costs are minimized ?
c)Determine the output level where marginal cost are minimized ?
a)Write an algebraic expressions for the Average Total Cost ?
b)Determine the output level where AVC costs are minimized ?
c)Determine the output level where marginal cost are minimized ?
Expert's answer
a)ATC=250/Q+60-3Q+0.1
b)=-3+0.2Q
-3+0.2Q=0
Q=7.46
c)MC=60-6Q+0.2
-6+0.4Q
-6+0.4Q=0
Q=15
b)=-3+0.2Q
-3+0.2Q=0
Q=7.46
c)MC=60-6Q+0.2
-6+0.4Q
-6+0.4Q=0
Q=15
Learn more about our help with Assignments: Microeconomics
-
![Help me with my assignment!]()
Who Can Help Me with My Assignment
There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
-
![How to finish assignment]()
How to Finish Assignments When You Can’t
Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
-
![Math Exams Study]()
How to Effectively Study for a Math Test
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
Comments
Dear visitor, please use panel for submitting new questions
Supply Function Q= 15.000+350P Demand Function Q= 35.000-150P Cost Function: TC=40+2Q a)Find the Marginal Revenue of this firm b)Find the Marginal Cost of this firm c)Find the optimal output of this firm d)Find the total revenue and profit of this firm e)In a perfectly competitive market, firms earn zero profit in the long run. Why do firms stay in business if profit is zero ?
Leave a comment