Suppose a Cost Function Is TC = Aq³ + Bq²

question 19

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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