***************** ***************** A company can produce LCD digital alarm clocks at a cost of $7 each while fixed costs are $20. Therefore, the company's cost function is C(x) = 7x + 20. (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 = 20. (Round your answer to the nearest cent.) Interpret your answer. The average cost is -Select--at this rate.

* * A company can produce LCD digital alarm clocks at a cost of $7 each while fixed costs are $20. Therefore, the company's cost function is C(x) = 7x + 20. (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 = 20. (Round your answer to the nearest cent.) Interpret your answer. The average cost is -Select--at this rate.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter1: Expressions And Functions

Section1.8: Interpreting Graphs Of Functions

Problem 19PPS

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