Find mc ac and avc and sketch them on a graph


Problem

A competitive firm has the following short-run cost function:

C(a) = 4 - 84 +309+5.

i. Find MC, AC, and AVC and sketch them on a graph.

ii. At what range of prices will the firm supply zero output?

iii. Identify the firm's supply curve on your graph.

iv. At what price would the firm supply exactly 6 units of output?

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Microeconomics: Find mc ac and avc and sketch them on a graph
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