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A company can produce LCD digital alarm clocks at a cost of $2 each while fixed costs are $16. Therefore, the company's cost function is C(x) = 2x + 16.(a) Find the average cost function AC(x) = c(x)/xAC(x) =   (b) Find the marginal average cost function MAC(x).MAC(x) =   (c) Evaluate MAC(x) at x = 40. (Round your answer to the nearest cent.)

Question

A company can produce LCD digital alarm clocks at a cost of $2 each while fixed costs are $16. Therefore, the company's cost function is 

C(x) = 2x + 16.
(a) Find the average cost function 
AC(x) = c(x)/x
AC(x) = 
 
 (b) Find the marginal average cost function 
MAC(x).

MAC(x) = 
 
 (c) Evaluate 
MAC(x)
 at 
x = 40.
 (Round your answer to the nearest cent.)
check_circleAnswer
Step 1

Given cost function is fc= 2x+16

Where x is LCD digital alarm clock

Step 2

For x=40

Cost of 40 LCD digital alarm clock

2x40+16
96
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2x40+16 96

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Step 3

Average cost funct...

cost function
Average cost function
number of item
Average cost
2x 16
96
2.4
40
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cost function Average cost function number of item Average cost 2x 16 96 2.4 40

fullscreen

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Tagged in

Math

Calculus

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