Question

In: Economics

The cost of producing 5-gallon water bottles is given by    C(q) =0.005q2 +2q + 1000....

The cost of producing 5-gallon water bottles is given by

   C(q) =0.005q2 +2q + 1000. If 2000 5-galllon water bottles are produced, find the

  1. Total cost
  2. Average cost
  3. Marginal cost
  4. Marginal average cost.

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