Find average cost and average for total cost curves

Reference no: EM13188196

1. Find average cost and average for each of these total cost curves:

a. TC = 10 + 2Q
b. TC = 5 + 3Q
c. TC = 20 - Q + 2Q2

2.A firm's marginal cost of production is at $5 per unit, and its fixed costs are $20. Draw its total, average, and average cost.

Reference no: EM13188196

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