Discuss what the economist intends to teach you about cost


1.Discuss what the economist intends to teach you about cost using this cost function. The economist for the Grand Corporation has estimated the company's cost function, using time series data, to be:

TC = 50 + 16Q  2Q2 + 0.2Q3. 

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Managerial Economics: Discuss what the economist intends to teach you about cost
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