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TC=175+48Q+5Q²

What is the average variable cost when 19 units are produced? Enter as a value.

1 Answer

1 vote

Answer:

152.21 average variable cost

Explanation:

I'll assume that TC is Total Cost and Q is unit quantity.

TC=175+48Q+5Q²

The fixed cost is 175. Even at 0 units, the total cost will be 175.

Lets find the total cost for 19 units: (Q = 19)

TC=175+48(19)+5(19)²

TC=175+912+1805

TC = 2892

Since 19 units are produced for a total cost of 2892, we can divided the two to obtain an average variable cost:

(2892)/19 = 152.21 average variable cost

User Paul Pauls
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