The average cost per item to produce q items is given by .
A. What is the total cost, , of producing q items?
B. What is the marginal cost, MC, of producing q items?
C. At what production level does marginal cost equal average cost?

Question

The average cost per item to produce q items is given by  .
A. What is the total cost,  , of producing q items?
B. What is the marginal cost, MC, of producing q items?
C. At what production level does marginal cost equal average cost?

Quizplus · Accepted Answer

The Answer of The average cost per item to produce q items is given by  .
A. What is the total cost,  , of producing q items?
B. What is the marginal cost, MC, of producing q items?
C. At what production level does marginal cost equal average cost?

The Average Cost Per Item to Produce Q Items Is