What is ac-level of output will minimize the average cost


Jae's construction company has the following short-run cost function: q3 - 10q2 + 36q.

a. What level of output will minimize the average cost? What is the AC at this point?
b. Does the production process indicate diminishing returns? How can you tell?

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Microeconomics: What is ac-level of output will minimize the average cost
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