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Homework answers / question archive / Given the cost function C(q)=4000+50q+0

Given the cost function C(q)=4000+50q+0

Accounting

Given the cost function C(q)=4000+50q+0.002q2C(q)=4000+50q+0.002q2 and the demand function p=80−0.025q.p=80−0.025q.

Find the average cost. When is average cost minimum?

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