A company can produce LCD digital alarm clocks at a cost of $6 each while fixed costs are $50. Therefore, the company's cost function is C(x) = 6x + 50. (a) Find the average cost function AC(x) = C(x) AC(x) = X (b) Find the marginal average cost function MAC(x). MAC(x) = X (c) Evaluate MAC(x) at x = 50. (Round your answer to the nearest cent.) X Interpret your answer. The average cost is decreasing ✓ at this rate.
A company can produce LCD digital alarm clocks at a cost of $6 each while fixed costs are $50. Therefore, the company's cost function is C(x) = 6x + 50. (a) Find the average cost function AC(x) = C(x) AC(x) = X (b) Find the marginal average cost function MAC(x). MAC(x) = X (c) Evaluate MAC(x) at x = 50. (Round your answer to the nearest cent.) X Interpret your answer. The average cost is decreasing ✓ at this rate.
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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