For each of the total cost functions, write the expressions

Homework Assistance Economics For each of the total cost functions, write the expressions

Economics

For each of the total cost functions, write the expressions

For each of the total cost functions, write the expressions for the total fixed cost, average variab… Show more For each of the total cost functions, write the expressions for the total fixed cost, average variable cost, and marginal cost (if not given), and draw the average total cost and marginal cost curves. a. TC(Q)=10Q b. TC(Q)=160+10Q c. TC(Q) = 10Q2, where MC(Q) = 20Q d. TC(Q) = 160 + 10Q2, where MC(Q) = 20Q Solutions for a. AVC =10 TFC = 0 AFC = 0 b. AVC =10 TFC=160 AFC = 160/Q Im not sure how to go about the others because the 20Q for MC. I also need help drawing these problems as well =/ Thanks! • Show less

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