You are given the following long-run cost function: TC = 200Q - 25Q2 + 1.5Q3 What level of Q will economies of scale ends and diseconomies of scale begin?
You are given the following long-run cost function: TC = 200Q - 25Q2 + 1.5Q3 What level of Q will economies of scale ends and diseconomies of scale begin?
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 15SQ
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You are given the following long-run cost function:
TC = 200Q - 25Q2 + 1.5Q3
What level of Q will economies of scale ends and diseconomies of scale begin?
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Follow-up Question
You are given the following long-run cost function:
TC = 150Q - 20Q2 + 1.8Q3
What level of Q will economies of scale ends and diseconomies of scale begin?
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