Will you invest a project that requires a $200,000 today and returns $50,000 at the end of the first year , $70,000 at the end of the second year and $100,000 at the end of the third year ? Assume a discount rate of 5%
B. An economist estimated that the total cost function of a single - product firm is TC=125+5Q+3.5Q^2. Determine the average variable cost ( AVC ) of producing the 5 units .
C. An economist estimated that the total cost function of a single - product firm is TC=125+5Q+3.5Q^2. Determine the marginal cost of producing the 5th unit ? [No derivative is required for this question]