4x - 3 The total cost (in hundreds of dollars) to produce x units of perfume is C(x)= 7x + 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.

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 (in hundreds of dollars) to produce x units of perfume is C(x) =
4x - 3
7x + 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.
Transcribed Image Text:The total cost (in hundreds of dollars) to produce x units of perfume is C(x) = 4x - 3 7x + 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.
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