he estimated short-run cost function of a Japanese beer manufacturer is 900 C(q) = 0.4q1.8 + at what positive quantity does the average cost function reach its minimum? If a $800 per-unit tax is applied to the firm, at what positive quantity is the after-tax average cost minimized? verage cost before the tax is minimized at a quantity of q = 21.844 units. (Enter your response rounded to three decimal places.) verage cost with the $800 tax is minimized at a quantity of q = units. (Enter your response rounded to three decimal places.)

he estimated short-run cost function of a Japanese beer manufacturer is 900 C(q) = 0.4q1.8 + at what positive quantity does the average cost function reach its minimum? If a $800 per-unit tax is applied to the firm, at what positive quantity is the after-tax average cost minimized? verage cost before the tax is minimized at a quantity of q = 21.844 units. (Enter your response rounded to three decimal places.) verage cost with the $800 tax is minimized at a quantity of q = units. (Enter your response rounded to three decimal places.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

100%

Both answer is 30.931

Please show your work!!!!!

The estimated short-run cost function of a Japanese beer manufacturer is
900
C(q) = 0.4q1.8 +
At what positive quantity does the average cost function reach its minimum? If a $800 per-unit tax is applied to the firm, at what positive quantity is the after-tax average cost minimized?
Average cost before the tax is minimized at a quantity of q = 21.844 units. (Enter your response rounded to three decimal places.)
Average cost with the $800 tax is minimized at a quantity of q = units. (Enter your response rounded to three decimal places.)

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