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Short-run total cost function for a firm

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Reference no: EM132336481

Question

If the short-run total cost function for a firm is TC = 3,000+100Q, please show step by step calculation

a. the average total cost (ATC) when the output Q=10,

b. the marginal cost (MC) for the 10thunit of output, and

c. the fixed cost in the short-run.

Reference no: EM132336481

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