Average total cost and marginal cost function

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Reference no: EM13819084

For each of the following cost-output relationship, describe the shape (U-shape, Decrease, increase, constant) of the average total cost and marginal cost function (C=total cost, Q = output).

i) C=42,5000,000 +2550Q

ii) C= 8.48 +0.65Q + .00220Q²

Reference no: EM13819084

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