Essay
What are the functions for MC and AC if TC = 100q + 100q2? Are the returns to scale increasing,decreasing,or constant?
Correct Answer:
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MC = 100 + 200q
AC = 100 + 100...View Answer
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Correct Answer:
Verified
MC = 100 + 200q
AC = 100 + 100...
AC = 100 + 100...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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