Explain the definition of Margin cost, total cost, and variable cost, fixed cost.

1 ) Explain the definition of Margin cost, total cost, and variable cost, fixed cost.
Explain BREAK EVEN and SHUTDOWN point
2) calculate ATC = TC/Q
MC= 20 – 12Q+ 3Q ²
ASSUME ATC = AVC , SOLVE Q
3) MR=P= MC, MC = P
=> CONCLUSION

Last Completed Projects