C'(Q) = 40 +20Q -5Q² TC =200 when Q = 0 1) 2) TC= 600 when Q=0 C'(Q) = 80e0.1Q (i) (ii) (iii) Find rhe total cost function C(Q) for each firm Find the average cost function for each firm What is the...


c) The marginal cost of two firms are given by the following


C'(Q) = 40 +20Q -5Q²<br>TC =200 when Q = 0<br>1)<br>2)<br>TC= 600 when Q=0<br>C'(Q) = 80e0.1Q<br>(i)<br>(ii)<br>(iii)<br>Find rhe 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 firm<br>

Extracted text: C'(Q) = 40 +20Q -5Q² TC =200 when Q = 0 1) 2) TC= 600 when Q=0 C'(Q) = 80e0.1Q (i) (ii) (iii) Find rhe total cost function C(Q) for each firm Find the average cost function for each firm What is the fixed cost for each firm

Jun 07, 2022
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