Answered: For the cost function C(Q) =…

For the cost function C(Q) = 200+3Q2+4Q3, what is the average fixed cost of producing 10 units of output? 18.31 42.12 212.61 20

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter21: Production And Costs

Section: Chapter Questions

Problem 10QP

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Question

For the cost function C(Q) = 200+3Q²+4Q³, what is the average fixed cost of producing 10 units of output?
18.31

   42.12

212.61

20

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