TC = Q3 – 12Q? + 100Q + 256 d. Write the equations of MC, AVC, and AFC. MC = %3D AVC = AFC = %3D e. Calculate Qm and Qv. Also find MCmin and AVCmin- QM = Qv = MCmin %3D AVCmin
TC = Q3 – 12Q? + 100Q + 256 d. Write the equations of MC, AVC, and AFC. MC = %3D AVC = AFC = %3D e. Calculate Qm and Qv. Also find MCmin and AVCmin- QM = Qv = MCmin %3D AVCmin
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Given this equation could I have an explanation of how to derive MC, AVC ,AFC. As well as how then to calculate MC min and AVC min
![TC = Q3 – 12Q2 + 100Q + 256
d. Write the equations of MC, AVC, and AFC.
MC =
AVC =
AFC =
e. Calculate Qm and Qv. Also find MCmin and AVCmin.
QM =
Qv
MCmin =
AVCmin =](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1f061069-91e6-48ee-985f-f8d5b158cf5c%2F7690e721-cd2b-4f9f-b22c-d21d9b44ab5a%2Fszot6tg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:TC = Q3 – 12Q2 + 100Q + 256
d. Write the equations of MC, AVC, and AFC.
MC =
AVC =
AFC =
e. Calculate Qm and Qv. Also find MCmin and AVCmin.
QM =
Qv
MCmin =
AVCmin =
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