Suppose the short-run cost function of Tyrell Corporation is c=5000+100q+8q2 a.  Find the level/s of  q that satisfies/satisfy the first-order and second-order conditions for the minimisation of Tyrell’s average cost(ac) Show that average cost ( ac) equals marginal cost (mc) at the level/s of  obtained in (a)

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Suppose the short-run cost function of Tyrell Corporation is c=5000+100q+8q2

a.  Find the level/s of  q that satisfies/satisfy the first-order and second-order conditions for the minimisation of Tyrell’s average cost(ac)

Show that average cost ( ac) equals marginal cost (mc) at the level/s of  obtained in (a)

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