TC = 4,500 + 5Q2 MC = 10Q What is the average total cost equation? a. b. C. d. ATC= 4500Q + 5 ATC= 4500 + 10Q ATC = 4500/Q+5 ATC= 4500/Q +5Q

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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TC = 4,500 + 5Q2
MC = 10Q
What is the average total cost equation?
a.
b.
C.
d.
ATC = 4500Q + 5
ATC = 4500 + 10Q
ATC= 4500/Q+5
ATC = 4500/Q +5Q
Transcribed Image Text:TC = 4,500 + 5Q2 MC = 10Q What is the average total cost equation? a. b. C. d. ATC = 4500Q + 5 ATC = 4500 + 10Q ATC= 4500/Q+5 ATC = 4500/Q +5Q
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