What is the formula for its ac curve

Reference no: EM13690166

A firm's total cost curve is given by TC(q) = q(q-4)^2 + 2q.

a) What is the formula for its AC curve?

b) Marginal costs are given by MC(q) = 3q^2 - 16q + 18. Graph this together with the AC curve.

Reference no: EM13690166

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