If you average your costs over your total production, you get the average cost, written C: C(x, y) = C(x, y) x + y Find the average cost for the cost function C(x, y) = 200,000 + 5,800x + 3,700y – 100,000e¬0.01(x + y). C(x, y) = 200000 + 5800x +3700y – 100000e-0.01(x+y) x+y Find the marginal average cost of a car and the marginal average cost of a truck at a production level of 50 cars and 50 trucks. (Let x be the number of cars and y be the number of trucks. Give your answers to the nearest cent.) $ -5.64 X per car per truck Interpret your answers. O At a production level of 50 cars and 50 trucks per week, the average cost per vehicle is increasing for each additional car manufactured and increasing for each additional truck manufactured. O At a production level of 50 cars and 50 trucks per week, the average cost per vehicle is increasing for each additional car manufactured and decreasing for each additional truck manufactured. O At a production level of 50 cars and 50 trucks per week, the average cost per vehicle is decreasing for each additional car manufactured and increasing for each additional truck manufactured. At a production level of 50 cars and 50 trucks per week, the average cost per vehicle is decreasing for each additional car manufactured and decreasing for each additional truck manufactured. O The behaviors of the average costs do not depend on the production level.
If you average your costs over your total production, you get the average cost, written C: C(x, y) = C(x, y) x + y Find the average cost for the cost function C(x, y) = 200,000 + 5,800x + 3,700y – 100,000e¬0.01(x + y). C(x, y) = 200000 + 5800x +3700y – 100000e-0.01(x+y) x+y Find the marginal average cost of a car and the marginal average cost of a truck at a production level of 50 cars and 50 trucks. (Let x be the number of cars and y be the number of trucks. Give your answers to the nearest cent.) $ -5.64 X per car per truck Interpret your answers. O At a production level of 50 cars and 50 trucks per week, the average cost per vehicle is increasing for each additional car manufactured and increasing for each additional truck manufactured. O At a production level of 50 cars and 50 trucks per week, the average cost per vehicle is increasing for each additional car manufactured and decreasing for each additional truck manufactured. O At a production level of 50 cars and 50 trucks per week, the average cost per vehicle is decreasing for each additional car manufactured and increasing for each additional truck manufactured. At a production level of 50 cars and 50 trucks per week, the average cost per vehicle is decreasing for each additional car manufactured and decreasing for each additional truck manufactured. O The behaviors of the average costs do not depend on the production level.
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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Last person got the answer wrong so I will try again with more details I suppose.
This whole answer has to deal with partial derivatives
I am looking for the average cost
Do I find the marginal average cost by finding the partial derivatives of the average cost function? And if so, how would one do that? Any help would be appreciated.
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