dTC = 25 + 30Q – 9Q² dQ MC = and fixed cost, FC = 55 , find the (i)total 6. Given marginal cost, cost, (ii) average cost, and (iii) variable cost functions. (Ans. (1)TC = 25Q +15Q² – 3Q³ +55 (ii) 4C = 25 +15Q – 3Q² +55/Q and, VC = 25Q +15Q² – 3Q°). %3D (iii)
dTC = 25 + 30Q – 9Q² dQ MC = and fixed cost, FC = 55 , find the (i)total 6. Given marginal cost, cost, (ii) average cost, and (iii) variable cost functions. (Ans. (1)TC = 25Q +15Q² – 3Q³ +55 (ii) 4C = 25 +15Q – 3Q² +55/Q and, VC = 25Q +15Q² – 3Q°). %3D (iii)
Chapter4: Economic Evaluation In Health Care
Section: Chapter Questions
Problem 7QAP
Question
Given marginal cost,and fixed cost, , find the (i)total cost, (ii) average cost, and (iii) variable cost functions.
(Ans.,(ii)and,
(iii) ).
Transcribed Image Text:dTC
= 25 + 30Q– 9Q²
dQ
MC =
and fixed cost, FC = 55, find the (i)total
6. Given marginal cost,
cost, (ii) average cost, and (iii) variable cost functions.
(i)TC = 25Q +15Q² – 3Q' +55 (ii) AC = 25 +15Q – 3Q² +55/Q and.
(Ans.
(iii)
VC = 25Q +15Q? – 3Q°).
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