A company can produce a mini optical computer mouse at a cost of $7.50 each while fixed costs are $80. Therefore, the company's cost function is C(x) = 7.5x + 80.-(a) Find the average cost function AC(x) =AC(x):C(x)X(b) Find the marginal average cost function MAC(x).MAC(x) =(c) Evaluate MAC(x) at x = 80 andThe average cost at 80 units is ---Select--- ✓by aboutinterpret your answer. (Round your answer in cents to one decimal place.)per additional unit.

A To find; The average cost function. Given information; The company cost function is Cx=7.5x+80.…

A company can produce a mini optical computer mouse at a cost of $7.50 each while fixed costs are $80. Therefore, the company's cost function is C(x) = 7.5x + (a) Find the average cost function AC(x) = AC(x) = C(x) (b) Find the marginal average cost function MAC(x). MAC(x) = (c) Evaluate MAC(x) at x = 80 and interpret your answer. (Round your answer in cents to one decimal place.) The average cost at 80 units is ---Select--- by about e per additional unit.

A company can produce a mini optical computer mouse at a cost of $7.50 each while fixed costs are $80. Therefore, the company's cost function is C(x) = 7.5x + (a) Find the average cost function AC(x) = AC(x) = C(x) (b) Find the marginal average cost function MAC(x). MAC(x) = (c) Evaluate MAC(x) at x = 80 and interpret your answer. (Round your answer in cents to one decimal place.) The average cost at 80 units is ---Select--- by about e per additional unit.

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter3: Functions

Section3.3: Rates Of Change And Behavior Of Graphs

Problem 3SE: How are the absolute maximum and minimum similar to and different from the local extrema?

See similar textbooks