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Bartech,Inc AVC=100.003Q+0.0000005Q2A V C = 10 - 0.003 Q + 0.0000005 Q ^ { 2 }

Question 6

Multiple Choice

Bartech,Inc.is a firm operating in a competitive market.The manager of Bartech forecasts product price to be $28 in 2021.Bartech's average variable cost function is estimated to be AVC=100.003Q+0.0000005Q2A V C = 10 - 0.003 Q + 0.0000005 Q ^ { 2 } Bartech expects to face fixed costs of $12,000 in 2021.What is the minimum average variable cost?


A) $0
B) $5.50
C) $6.00
D) $6.50
E) $7.00

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