A taxi driver must pay a daily fee of $75 to the cab company and has marginal costs of $0.50 per mile. Find the daily cost function C(x) a. b. Find the average cost function C(x) Find C(50) c. d. Find C(250) Find the horizontal asymptote of C(x), and explain what it means in practical terms e.

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Q: The total revenue curve of a firm is R(q) = 40q − 12q2 and its average cost A(q) =1/30 q2 − 12.85q +…

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Q: The total revenue curve of a firm is R(q) = 40q − 12q2  and itsaverage cost A(q) = 1/30 q2 − 12.85q…

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Q: The total revenue curve of a firm is R(q) = 40q − 12q2  and itsaverage cost A(q) = 1/30 q2 − 12.85q…

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