The Manager of Greene Enterprises,Inc $A V C = 88 - 0.026 Q + 0.000003 Q ^ { 2 }$

question 48

Multiple Choice

The manager of Greene Enterprises,Inc.,recently estimated its average variable cost (AVC) function to be $A V C = 88 - 0.026 Q + 0.000003 Q ^ { 2 }$ Greene Enterprises faces total fixed costs (TFC) of $300,000.At Greene Enterprises,average variable cost (AVC) reaches its minimum value at $________.

• A)$28.00
• B)$31.67
• C)$39.64
• D)$43.33
• E)$82.00

---

Definitions:

Low-income Children

Children living in families with income levels below a given poverty threshold, which varies by country and region.

Infant Mortality Rate

The number of deaths of infants under one year old per 1,000 live births in a given year.

Substandard Child Care

Child care that fails to meet established standards of quality and safety for the well-being of children.

Living in Poverty

The state of having insufficient financial resources to meet the basic needs such as food, clothing, and shelter.