A company is planning to manufacture snowboards. The fixed costs are $400 per day and total costs are $5400 per day at a daily output of 20 boards. Question content area bottom Part 1 A. Assuming that the total cost per day, C(x), is linearly related to the total output per day, x, write an equation for the cost function. C(x)= (Do not factor.) Part 2 B. The average cost per board for an output of x boards is given by C(x)=C(x)/x. Find the average cost function. C(x)=enter your response here What does the average cost per board tend to as production increases? $
A company is planning to manufacture snowboards. The fixed costs are $400 per day and total costs are $5400 per day at a daily output of 20 boards. Question content area bottom Part 1 A. Assuming that the total cost per day, C(x), is linearly related to the total output per day, x, write an equation for the cost function. C(x)= (Do not factor.) Part 2 B. The average cost per board for an output of x boards is given by C(x)=C(x)/x. Find the average cost function. C(x)=enter your response here What does the average cost per board tend to as production increases? $
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
Related questions
Question
A company is planning to manufacture snowboards. The fixed costs are
$400
per day and total costs are
$5400
per day at a daily output of 20 boards.Question content area bottom
Part 1
A. Assuming that the total cost per day, C(x), is linearly related to the total output per day, x, write an equation for the cost function.
C(x)=
(Do not factor.)
Part 2
B. The average cost per board for an output of x boards is given by
C(x)=C(x)/x.
Find the average cost function.C(x)=enter your response here
What does the average cost per board tend to as production increases?
$
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