Managerial Economics Homework Help?

Managerial Economics Homework Help?




A firm’s short-run average cost is described by the equation: SAC = (2,000)/Q + 60 + 0.2Q

a. What is the equation for the firm’s marginal cost.

b. At what level of output is average cost minimized?

c. At what level of output is average fixed cost minimized?





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