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Homework answers / question archive / For the cubic total cost function TC = a + bQ + cQ^2 + dQ^3 , where a = 0, b = 25, c = -10, and d = 1, the firm's average variable cost is minimized at an output of: a
For the cubic total cost function TC = a + bQ + cQ^2 + dQ^3 , where a = 0, b = 25, c = -10, and d = 1, the firm's average variable cost is minimized at an output of:
a. ten.
b. five.
c. two.
d. one.
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