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    minimum average cost

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    The total cost of producing Q units of a commodity is:

    C(Q) = 4Q^2 + 40Q + 36 Q > 0

    Show that the Q that minimizes the average cost A(Q) also is the Q where the marginal cost is equal to the average cost.

    © BrainMass Inc. brainmass.com October 10, 2019, 3:35 am ad1c9bdddf
    https://brainmass.com/economics/macroeconomics/minimizing-average-cost-426149

    Solution Preview

    Please refer to attachment for proper formatting.

    Answer:
    Given that,
    C(Q)=4Q^2+40Q+36
    Or,
    Average ...

    Solution Summary

    This solution clarifies minimizing average cost.

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