smileyjesse9952 smileyjesse9952

27-05-2023
Mathematics

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1. Springtime Fabrics finds its cost function as, TC= 10Q²+10Q+10 Its demand function is P= 190 - 5Q a) Derive the MC and the AC. b) Find where the AC is minimized. c) What is the minimum AC? d) What is the profit maximizing level of output (Q)?

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