What is the total fixed cost

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1. If total costs are given by TC(Q) =17.52 + 0.13Q + .004Q^2 then what is the total fixed cost?

(Answer must be with 0.01 of the true value to count as correct)

2. If total costs are given by TC(Q) =17.52 + 0.13Q + .004Q^2 then what is the average total cost if Q=50?

(Answer must be with 0.02 of the true value to count as correct)

3. If total costs are given by TC(Q) =17.52 + 0.13Q + .004Q^2 then what is the marginal cost at Q=50?

(Answer must be with 0.02 of the true value to count as correct)

Reference no: EM132445845

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