If TC = 4,800 + 300 + 302. what level of generates the minimum average cost?...

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Question

business economics

Answer 1

Answer #1

Answer

to find the Q we need to take the first differentiation of ATC and equate it with zero.

(4800 + 30Q + 3Q?) ATC 4800 - + 30 + 3Q АТС - 10 + 30 + 3Q O2 +3 = 0 ӘATC 4800 до Q2 зо? = 4800 Q? = 1600 Q = 40

the average cost is a minimum of 40 units of output.

Answer 2

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