Let a firms total cost be tc8008q8q2 its marginal cost is, Business Economics

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Let a firms total cost be tc8008q8q2 its marginal cost is

Let a firm's total cost be TC=800+8q+8q^2, its marginal cost is then given by MC=8+16q a) Derive an expression for the firm's average cost function B) Find the range of production characterized by economies of scale c)Do you think that economies of scale constitute a serious barrier to entry into this industry? Explain

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Business Economics: Let a firms total cost be tc8008q8q2 its marginal cost is

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