Anita's firm has a total variable cost of 2q2-85q and total fixed cost is 200 1. find the firm total cost function 2. use quadratic formula to find the quantity Q 3. what is the value of Q at breakeven

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A: The solution is given below

Q: $/Q MC $30 ATC AVC 20 D 10 MR 50 100| 150 200 117 222

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A:

Cost of Production

The entire idea of the cost of production or production cost is applied corresponding, or we can say that it is related to monetary cost. Money cost refers to any money expenditure which the firm or supplier, or producer undertakes in purchasing or hiring factor of production or factor services.