Answer to Question #108823 in Microeconomics for Solly

Question #108823

The average cost function of a good is given by AC=200/Q +2Q-36

Where Q is quantity produced. The level of output that minimises average cost is :-

Expert's answer

(200/Q +2Q-36)'=0;

-200/Q²+2=0;

Q²=100, Q=10

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