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At What Output Level, Q, Is Average Cost Minimized If

Question 50

Multiple Choice

At what output level, q, is average cost minimized if the short-run costs for a company are C = 40 + 4q + q2?


A) q = 2 At what output level, q, is average cost minimized if the short-run costs for a company are C = 40 + 4q + q<sup>2</sup>? A) q = 2 B) q = 0 C) q = 40 D) q = 2
B) q = 0
C) q = 40
D) q = 2

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