The total cost TC function is given as TC 300 20Q What is the-09408
The total cost (TC) function is given as: TC = 300 + 20Q. What is the average total cost?
This multiple choice question (MCQ) is related to the book/course vu eco404 Managerial Economics. It can also be found in vu eco404 Final Term - Quiz No.4.
The total cost (TC) function is given as: TC = 300 + 20Q. What is the average total cost?
300
20Q
20 + (300/Q)
20/Q + 300