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Calculate the following for all three cost equations

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Reference no: EM132032910

The plot these curves on a graph needs to be excel

  1. Consider the following equations/functions:

TC = 20 + 4Q , TC = 20 + 2Q + 0.5Q2, TC = 20 + 4Q - 0.1Q2

  1. Calculate the following for all three cost equations/functions: Total cost, Total fixed cost, Total variable cost

Average total cost, Average fixed cost, Average variable cost, Marginal cost

  1. Plot these curves on graphs.

Reference no: EM132032910

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