[Steps Shown] A firm's total cost of producing q computers is T C(q)=50+q+2 q^2. find fixed cost, average fixed cost find variable cost, average variable
Question: A firm's total cost of producing \(q\) computers is \(T C(q)=50+q+2 q^{2}\).
- find fixed cost, average fixed cost
- find variable cost, average variable cost
- find average cost
- find marginal cost
- draw MC and AC (for \(q \geq 0\), since it is a quantity produced).
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