Suppose the cost function is: C(q) 64.5g + 11600 %3D Using your average cost function, A(q) , find the quantity required to be produced so that the average cost per item is $6 more than the variable costs given in the cost function. Answer- items (Round to the nearest whole unit)

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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Suppose the cost function is:
C(q)
64.5g + 11600
%3D
Using your average cost function, A(q) , find the quantity required to be produced so that the average cost
per item is $6 more than the variable costs given in the cost function.
Answer-
items (Round to the nearest whole unit)
Transcribed Image Text:Suppose the cost function is: C(q) 64.5g + 11600 %3D Using your average cost function, A(q) , find the quantity required to be produced so that the average cost per item is $6 more than the variable costs given in the cost function. Answer- items (Round to the nearest whole unit)
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