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[answered] 1. (15 points) David’s total variable cost function has bee


1. (15 points) 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?
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