Answer to Question #221880 in Economics for shanika

Question #221880

If TC = 0.5q3 − 3q2 + 25q + 20 derive functions for: (a) MC, (b) AC, (c) the slope of AC.

Expert's answer

"MC=1,5q^3-6q+25"

"AC=0.5q^2-3q+25+\\frac{20}{q}"

"\\frac {\\delta AC}{\\delta q}=q-3-\\frac{20}{q^2}"

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