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 December 20, 2018, 7:55 am ad1c9bdddf
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This solution clarifies minimizing average cost.