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For the following cost function TC = 500 + 40Q + 5Q2 , find
minimum AC and minimum AVC and the corresponding levels of output
(Q). Fill in Multiple Blanks If rounding is required, round your
answer to the whole number (i.e., do not show the decimal places).
Enter the numerical value only, do not enter any symbols ($, €, %,
etc.). Min AC = $ when Q = . Min AVC = $ when Q =