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The total cost (in dollars) of manufacturing x auto body frames is C(x) = 90,000+800x. (A) Find the average cost per unit if 500 frames are produced. (B) Find the marginal average cost at a production level of 500 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 501 frames are produced. (A) If 500 frames are produced, the average cost is $ per frame. (B) The marginal average cost at a production level of 500 units is $ (Round to the nearest cent as needed.) per frame. (C) Using the results from parts (A) and (B), the estimate of the average cost per frame if 501 frames are produced is $ (Round to the nearest cent as needed.)

The total cost (in dollars) of manufacturing x auto body frames is C(x) = 90,000+800x. (A) Find the average cost per unit if 500 frames are produced. (B) Find the marginal average cost at a production level of 500 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 501 frames are produced. (A) If 500 frames are produced, the average cost is $ per frame. (B) The marginal average cost at a production level of 500 units is $ (Round to the nearest cent as needed.) per frame. (C) Using the results from parts (A) and (B), the estimate of the average cost per frame if 501 frames are produced is $ (Round to the nearest cent as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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) = 90,000+800x. (A) Find the average cost per unit if 500 frames are produced. (B) Find the marginal average cost at a production level of 500 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 501 frames are produced. (A) If 500 frames are produced, the average cost is $ per frame. (B) The marginal average cost at a production level of 500 units is $ (Round to the nearest cent as needed.) per frame. (C) Using the results from parts (A) and (B), the estimate of the average cost per frame if 501 frames are produced is $ (Round to the nearest cent as needed.)
Transcribed Image Text:The total cost (in dollars) of manufacturing x auto body frames is C(x) = 90,000+800x. (A) Find the average cost per unit if 500 frames are produced. (B) Find the marginal average cost at a production level of 500 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 501 frames are produced. (A) If 500 frames are produced, the average cost is $ per frame. (B) The marginal average cost at a production level of 500 units is $ (Round to the nearest cent as needed.) per frame. (C) Using the results from parts (A) and (B), the estimate of the average cost per frame if 501 frames are produced is $ (Round to the nearest cent as needed.)
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