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A company's average cost per unit when x units are produced is defined to be Total cost Average cost = X Suppose a company's average costs are given by 6000 +75 + 0.2x. Average cost = (a) Write the expression that gives the company's total costs. (b) Find the average cost per item of 500 items. Round answer to the nearest penny. $

A company's average cost per unit when x units are produced is defined to be Total cost Average cost = X Suppose a company's average costs are given by 6000 +75 + 0.2x. Average cost = (a) Write the expression that gives the company's total costs. (b) Find the average cost per item of 500 items. Round answer to the nearest penny. $

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A company's average cost per unit when x units are produced is defined to be Total cost Average cost = X Suppose a company's average costs are given by 6000 Average cost = +75 + 0.2x. X (a) Write the expression that gives the company's total costs. (b) Find the average cost per item of 500 items. Round answer to the nearest penny. $
Transcribed Image Text:A company's average cost per unit when x units are produced is defined to be Total cost Average cost = X Suppose a company's average costs are given by 6000 Average cost = +75 + 0.2x. X (a) Write the expression that gives the company's total costs. (b) Find the average cost per item of 500 items. Round answer to the nearest penny. $
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