Math Solutions

[Steps Shown] Assume that M C(q)=(a q+b)^1/2 where a>0, b>0 Suppose that TC(0)=0 . Determine TC(q) Given the information in (a), can you represent TC(q_0)

Question: Assume that

\[M C(q)=(a q+b)^{\frac{1}{2}}\]

where \(a>0\), \(b>0\)

  1. Suppose that \(TC(0)=0 .\) Determine \(TC(q)\)
  2. Given the information in (a), can you represent \(TC\left(q_{0}\right)\) as an area under MC? If so then do so. If not then why not?
  3. Suppose that \(TC(0)=10\). Determine \(TC(q)\).
  4. Given the information in (c), can you represent \(TC\left(q_{0}\right)\) as an area under MC? If so, then do so. If not then why not?

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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document


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