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Suppose a Cost Function Is TC = Aq³ + Bq²

Question 1

Multiple Choice

Suppose a cost function is TC = Aq³ + bq² + cq +d. Then the average variable cost is

A) Aq² + bq + cq +d/q
B) Aq² + bq + c
C) Aq³ + bq² + cq
D) d

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