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Home / Questions / A firm has a long- run total cost function LTC Q Q3 20Q2 220Q Derive expressions for lo...

A firm has a long- run total cost function LTC Q Q3 20Q2 220Q Derive expressions for long-run average cost and marginal cost

A firm has a long- run total cost function:
LTC (Q) = Q3 – 20Q2 + 220Q
Derive expressions for long-run average cost and marginal cost, and sketch these curves.

May 16 2020 View more View Less

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