Assume that it costs a manufacturer approximately C(x) = 1,058,000 + 340x + 0.0005x2 dollars to manufacture x gaming systems in an hour. How many gaming systems should be man average cost? gaming systems per hour What is the resulting average cost of a gaming system? $ If fewer than the optimal number are manufactured per hour, will the marginal cost be larger, sr at that lower production level? The marginal cost will be larger than average cost. The marginal cost will be smaller than average cost. The marginal cost will be equal to average cost. %24
Assume that it costs a manufacturer approximately C(x) = 1,058,000 + 340x + 0.0005x2 dollars to manufacture x gaming systems in an hour. How many gaming systems should be man average cost? gaming systems per hour What is the resulting average cost of a gaming system? $ If fewer than the optimal number are manufactured per hour, will the marginal cost be larger, sr at that lower production level? The marginal cost will be larger than average cost. The marginal cost will be smaller than average cost. The marginal cost will be equal to average cost. %24
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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