Question 1 if tc 65 q15 what is mc when q 252 derive a, Ask an Expert

Economics

Question: 1. If TC = 65 + q1.5 what is MC when q = 25?

2. Derive a formula for MC if TC = 4q3 - 20q2 + 60q + 40.

3. If TC = 0.5q3 - 3q2 + 25q + 20 derive functions for: (a) MC, (b) AC, (c) the slope of AC.

4. What is special about MC if TC = 25 + 0.8q?

5. Make up your own TC function and then derive the corresponding MC function.

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M92290979

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