(b) The marginal cost of two firms is given by the following C'(Q) - 100e 10 TC= 3000 when Q = 0 TC =200 when Q = 0 1) c'(Q) - 25 +40Q - 10Q 2) (i) (ii) (iii) Find the total cost function C(Q) for...

(b) The marginal cost of two firms is given by the following<br>C'(Q) - 100e 10<br>TC= 3000 when Q = 0<br>TC =200 when Q = 0<br>1)<br>c'(Q) - 25 +40Q - 10Q<br>2)<br>(i)<br>(ii)<br>(iii)<br>Find the total cost function C(Q) for each firm<br>Find the average cost function for each firm<br>What is the fixed cost for each fim?<br>

Extracted text: (b) The marginal cost of two firms is given by the following C'(Q) - 100e 10 TC= 3000 when Q = 0 TC =200 when Q = 0 1) c'(Q) - 25 +40Q - 10Q 2) (i) (ii) (iii) Find the total cost function C(Q) for each firm Find the average cost function for each firm What is the fixed cost for each fim?

Jun 09, 2022

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(b) The marginal cost of two firms is given by the following C'(Q) - 100e 10 TC= 3000 when Q = 0 TC =200 when Q = 0 1) c'(Q) - 25 +40Q - 10Q 2) (i) (ii) (iii) Find the total cost function C(Q) for...

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