Question 18 If TC = 288 + 300 + 202, what level of generates the minimum...

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business economics

Answer 1

Answer #1

Answer

the Q is found by equating first differentiation equal to zero of ATC.

(288 +30Q + 2Q²) ATC + 30 + 2Q 288 02+2 = 0 ೩ATC (28 + 30 + 2Q). Q. Q 2Q² = 288 Q² = 144 Q = 12

the Q is 12 units where ATC is minimum.

Answer 2

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