Which of the following statements is true, given the total cost function: Total cost = 10Q + 5Q2 + 100?
A) Total cost at Q = 4 is 120.
B) Average total cost at Q = 10 is 70.
C) Total cost at Q = 5 is 175.
D) Average fixed cost is zero at Q = 100.
Correct Answer:
Verified
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