The total cost function of a company for producing x units of products is given by C(x) = 0.0002 ³ 0.01 x + 10x + 3600. (i) Find the average cost function, C (x). (ii) Find the average marginal cost function. (iii) Find the marginal average cost function at x 600. Click here to enter answer -

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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The total cost function of a company for producing x units of products is given by
C(x) = 0.0002 1³ 0.01x² + 10 x + 3600.
(i) Find the average cost function, C (x). (ii) Find the average marginal cost function.
(iii) Find the marginal average cost function at x = 600.
Click here to enter answer
Transcribed Image Text:The total cost function of a company for producing x units of products is given by C(x) = 0.0002 1³ 0.01x² + 10 x + 3600. (i) Find the average cost function, C (x). (ii) Find the average marginal cost function. (iii) Find the marginal average cost function at x = 600. Click here to enter answer
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