Afirms short-run average cost function is atcq 1000q
A firm's short-run average cost function is, ATC(q) = 1000/q + 75,000 + q. Where q is output and ATC is average total cost.
What is the output that minimizes average total cost based on the above.
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a firms short-run average cost function is atcq 1000q 75000 q where q is output and atc is average total
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