Question

Using the same cost structure as the previous question, find the minimum of the firm’s ???....

Using the same cost structure as the previous question, find the minimum of the firm’s ???.


Group of answer choices

??? reaches a minimum of 12 at ?=3

??? reaches a minimum of 16 at ?=4

??? reaches a minimum of 15 at ?=5

??? reaches a minimum of 4 at ?=2

A firm has the following cost structure:

Total cost: ??=?2+5?+25
Marginal cost: ??=2?+5
What is the equation for the firm’s average total cost curve, ????


Group of answer choices

???=5?+5

???=?+?1/2+5

???=3?+5

???=?+5+25?
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