Suppose a cost function is given as TC = A + bQ – cQ2 + dQ3 . Derive the SAC, SAVC and SMC…


Suppose a absorb part is ardent as TC = A + bQ − cQ2 + dQ3 . Derive the SAC, SAVC and SMC parts. Find the output (Q) at which SAC = SMC. Suppose a immovable’s absorb part is ardent as TC = 10 + 6Q − 0.9Q2 + 0.05Q3 . Derive immovable’s SMC and SAC parts. What output should the immovable result that minimizes the SAC?