SOLUTION: Topic: Differentiation. Question: The average cost function is given by: C(q) = 1 +(2q-4)^2 (a) Calculate the Marginal Cost at q=q0 (b) Calculate q0 Note 0= Zero Tha

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Question 449978: Topic: Differentiation.
Question: The average cost function is given by: C(q) = 1 +(2q-4)^2
(a) Calculate the Marginal Cost at q=q0
(b) Calculate q0
Note 0= Zero
Thanks.
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Differentiation.
Question: The average cost function is given by: C(q) = 1 +(2q-4)^2
(a) Calculate the Marginal Cost at q=q0
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C'(q) = 2(2q-4)*2 = 4(2q-4) = 4q-8
C'(qo) = 4qo-8
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(b) Calculate qo
Not sure of the conditions for finding qo.
Cheers,
Stan H.