rarespecimen32
New member
answer this? Given: TC= 100 + 60Q - 12Q^2 + Q^3
Find
- the equations of the TVC (total variable cost), AVC (avg.), and MC (marginal cost) functions.
-the level of output at which AVC and MC are minimum, and prove that the AVC and MC curves are U-shaped.
- Find AVC and MC for the level of output at which the AVC curve is minimum
And please show me how to do it exactly (the steps, baby-steps if possible coz im a slow learner)
Thank you so much for any help I'd be willing to help you in anything you need (languages: i speak french english spanish finnish and arabic fluently, and I'm good in humanities) so if anyone can solve this correctly, and needs any help please let me know
id be more than thankful thank u so much
thanks so much for your answer kind man, but i dont get what second derivative means or what derivative means. Can you just solve it if that's ok with you coz i didnt get the whole explanation, just the first part. im sorry
Find
- the equations of the TVC (total variable cost), AVC (avg.), and MC (marginal cost) functions.
-the level of output at which AVC and MC are minimum, and prove that the AVC and MC curves are U-shaped.
- Find AVC and MC for the level of output at which the AVC curve is minimum
And please show me how to do it exactly (the steps, baby-steps if possible coz im a slow learner)
Thank you so much for any help I'd be willing to help you in anything you need (languages: i speak french english spanish finnish and arabic fluently, and I'm good in humanities) so if anyone can solve this correctly, and needs any help please let me know
id be more than thankful thank u so much
thanks so much for your answer kind man, but i dont get what second derivative means or what derivative means. Can you just solve it if that's ok with you coz i didnt get the whole explanation, just the first part. im sorry