A firm has the following total cost function tcq q3- 24q2


A firm has the following total cost function TC(Q) = Q3- 24Q2+ 200Q + 500

(a) What is this firm's fixed cost?

(b) At what level(s) of output does the firm's marginal cost equal $50?

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Microeconomics: A firm has the following total cost function tcq q3- 24q2
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