4. If the marginal cost of a firm is 15e** and the fixed cost is 85, find the total cost function. What is the total cost, average cost and variable cost at Q = 8?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.3: Systems Of Nonlinear Equations And Inequalities: Two Variables
Problem 4SE: If you graph a revenue and cost function, explain how to determine in what regions there is profit.
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4. If the marginal cost of a firm is 15e** and the fixed cost is 85, find the total cost function. What is the total
cost, average cost and variable cost at Q = 8?
Transcribed Image Text:4. If the marginal cost of a firm is 15e** and the fixed cost is 85, find the total cost function. What is the total cost, average cost and variable cost at Q = 8?
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