Mathematics · Cost Function Analysis
A total cost function is given by C = 8Q2 + 10Q + 20, where Q refers to output produced and C is total cost. What is the Average Variable Cost (AVC)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 18Q + 10 + 20Q
- 28Q + 10✓
- 316Q + 10
- 48Q2 + 10Q
Correct answer
8Q + 10
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