The cost of producing q items is C(q) = 3000 + 12g dollars. (a) What is the marginal cost of producing the 100th item? the 1000th item? The marginal cost to produce the 100th unit is $ i The marginal cost to produce the 1000th unit is $ i (b) What is the average cost of producing 100 items? 1000 items? The average cost of producing 100 units is $ i per unit. The average cost of producing 1000 units is Si per unit.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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The cost of producing q items is C(q) = 3000 + 12q dollars.
(a) What is the marginal cost of producing the 100th item? the 1000th item?
The marginal cost to produce the 100th unit is $ i
The marginal cost to produce the 1000th unit is $ i
(b) What is the average cost of producing 100 items? 1000 items?
The average cost of producing 100 units is $ i
per unit.
The average cost of producing 1000 units is $ i
per unit.
Transcribed Image Text:The cost of producing q items is C(q) = 3000 + 12q dollars. (a) What is the marginal cost of producing the 100th item? the 1000th item? The marginal cost to produce the 100th unit is $ i The marginal cost to produce the 1000th unit is $ i (b) What is the average cost of producing 100 items? 1000 items? The average cost of producing 100 units is $ i per unit. The average cost of producing 1000 units is $ i per unit.
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