The manager of Greene Enterprises, Inc., recently estimated its average variable cost (AVC) function to beAVC = 88 - 0.026Q + 0.000003Q2Greene Enterprises faces total fixed costs (TFC) of $300,000.At what level of output does average variable cost (AVC) reach its minimum value for Greene Enterprises?

A. 4,333
B. 51,672
C. 3,800
D. 3,144
E. 800


Answer: A

Economics

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