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. What is total variable cost (TVC) at Greene Enterprises when average variable cost (AVC) is at its minimum?

A. $137,222
B. $101,101
C. $48,000
D. $437,212
E. $190,476

Answer: A

Economics

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