When marginal cost is minimum and output level

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David’s total variable cost function has been calculated to be TVC = 100Q + 30Q² - Q³, where Q is the number of units of output.

(A). When marginal cost is a minimum, what is the output level?

(B). When average variable cost is a minimum, what is the output level?

(C). What is the average variable cost and marginal cost at output level found in part b?

Reference no: EM131169486

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