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For the cost function C(Q) = 158 + 2Q + 2Q2, what is the average variable cost of producing 3 units of output?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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For the cost function C(Q) = 158 + 2Q + 2Q2, what is the average variable cost of producing 3 units of output? (Round your answer to two decimals as needed)

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