The total cost (in dollars) of manufacturing x auto body frames is C(x) = 60,000 + 800x. (A) Find the average cost per unit if 100 frames are produced. (B) Find the marginal average cost at a production level of 100 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 101 frames are produced. (A) If 100 frames are produced, the average cost is $ per frame.

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) = 60,000 + 800x.
(A) Find the average cost per unit if 100 frames are produced.
(B) Find the marginal average cost at a production level of 100 units.
(C) Use the results from parts (A) and (B) to estimate the average cost per frame if 101 frames are produced.
(A) If 100 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) = 60,000 + 800x. (A) Find the average cost per unit if 100 frames are produced. (B) Find the marginal average cost at a production level of 100 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 101 frames are produced. (A) If 100 frames are produced, the average cost is $ per frame.
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