Solved: At what quantity is minimum efficient scale, Microeconomics

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At what quantity is minimum efficient scale

Problem

A firm's long-run total cost curve is TC(Q) = 1000Q - 30Q² + Q³ . Derive the expression for the corresponding long-run average cost curve and then sketch it. At what quantity is minimum efficient scale?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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