Write out equations for marginal cost mc average total cost
1. Consider the supply decisions of a rm with SR cost function
C(q) = 1200 +1/25q^4
(a) Write out equations for marginal cost (MC), average total cost (ATC), and average variable cost (AVC), and show these on a properly-labeled graph.
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1 consider the supply decisions of a rm with sr cost functioncq 1200 125q4a write out equations for marginal cost mc
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