The total cost (in hundreds of dollars) to produce x units of perfume is C(x) =3x-82x +9(a) Find the average cost function.(b) Find the marginal average cost function.(c) Find the average cost and the marginal average cost for a production level of 50 units. Interpret your results.(a) The average cost function is C(x) =(b) The marginal average cost function is C'(x)=(c) The average cost for 50 units is $(Round to the nearest cent as needed.)Interpret your results.GECCEDper unit. The marginal average cost for 50 units is $When 50 units are produced, the average cost is $ per unit and the average cost is(Round to the nearest cent as needed.)at a rate of about $pper unit.

Answered: The total cost (in hundreds of dollars)…

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter3: Functions

Section3.2: Domain And Range

Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...

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