Nazli's Kitchen makes doner kebabs (a traditional Turkish dish) and has a total cost function given...

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Nazlis Kitchen makes doner kebabs (a traditional Turkish dish) and has a total cost function given by TC = 50+ 392, where Q

business economics

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Answer 1

Answer #1

TC = 50 + 3Q^2

Differentiating with respect to Q

MC = d(TC)/dQ = 3*2*Q = 5Q

Since MC is rising in Q, MPL is diminishing.

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Answer 2

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