The total cost (in dollars) of manufacturing x auto body frames is C(x) = 40,000 + 800x. (A) Find the average cost per unit if 50 frames are produced. (B) Find the marginal average cost at a production level of 50 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 51 frames are produced.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
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The total cost (in dollars) of manufacturing x auto body frames is C(x) = 40,000 + 800x.
(A) Find the average cost per unit if 50 frames are produced.
(B) Find the marginal average cost at a production level of 50 units.
(C) Use the results from parts (A) and (B) to estimate the average cost per frame if 51 frames are produced.
(A) If 50 frames are produced, the average cost is $
per frame,
Transcribed Image Text:The total cost (in dollars) of manufacturing x auto body frames is C(x) = 40,000 + 800x. (A) Find the average cost per unit if 50 frames are produced. (B) Find the marginal average cost at a production level of 50 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 51 frames are produced. (A) If 50 frames are produced, the average cost is $ per frame,
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