If TR = 80Q and TC = 5Q2+50Q+200
a. |
The firm is in the short run charging a price of 80 and has an ATC of 5Q+50+[200/Q] |
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b. |
The firm is in the short run charging a price of 80 and has an ATC of [5Q+50+200]/Q |
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c. |
The firm is in the long run charging a price of 80 and has an ATC of 5Q+50+[200/Q] |
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d. |
The firm is in the long runcharging a price of 80 and has an ATC of [5Q+50+200]/Q |
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