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What is the total fixed cost

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1.If total costs are given by TC(Q) =17.Q+0.004Q2 then what is the total fixed cost?

Answer must be with 0.01 of the true value to count as correct

2.If total costs are given by TC(Q) =17.Q+0.004Q2 then what is the average cost if Q=50?

Answer must be with 0.02 of the true value to count as correct

Reference no: EM131035482

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