Question Tag: Total Cost Function

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QTB – Nov 2015 – L1 – SB – Q2b – Operations Research

Determine the level of output that minimizes the average cost for a given total cost function.

MANDILAS Ventures has established its total cost function to be:

Determine the level of output that will give minimum average cost. (8 Marks)

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QTB – Nov 2015 – L1 – SB – Q2b – Operations Research

Determine the level of output that minimizes the average cost for a given total cost function.

MANDILAS Ventures has established its total cost function to be:

Determine the level of output that will give minimum average cost. (8 Marks)

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Find Related Questions by Tags, levels, etc.

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