Adrianan owns a firm that provides tutoring services to high school students. she rents an office for 650$ and pays an electricity cost of 35$. in addition, Adriana hires UIC students on an hourly basis based on her staffing needs. one student- hour is required for each hour of tutoring provided and the total cost of hiring students to provide q hours of tutoring is 25q + q^2
marginal cost is given by MC (q) 25+2q
a- find expressions for adriana’s fixed cost, average foxed cost, average total cost and average variable cost as a function of output.
b- find the level of output at which average total cost is minimized.
