consider the following TVC funtion :
TVC = 200Q -9Q₂ - 0.25Q₃
where, Q =output level. Given TFC is RM150.
a)determine the TC function.
b) Determine the :
i) AVC function
ii) AC funtion
iii) MC funtion
c) Determine the output level when the AVC function takes its minimum value.
d) Determine the output level where the MC function takes its minimum.
answer key : c) 18 d) 12
kredit to : miss zaza
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