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4q2+16 find marginal cost,avarage cost, avarage variable cost ,avarage fixed cost

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4q2+16 find marginal cost,avarage cost, avarage variable cost ,avarage fixed cost
Answered Same Day Dec 22, 2021

Solution

Robert answered on Dec 22 2021
131 Votes
C(q) = 4q^2+16
Find marginal cost,avarage cost, avarage variable cost ,avarage fixed cost
Answer:
C(q) = 4q^2+16
Marginal cost = dC/dq = 8q
Total cost function: C(q) = 4q^2+16
This implies that total fixed cost is 16 and total variable cost is 4q^2
So average variable cost
=...
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