Marginal Average Cost for Producing Desks Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where C(x) is dollars/year. Find the following functions (in dollars) and interpret your results. C(x) 105x + 240,000 (a) Find the average cost function C. C(x) = (b) Find the marginal average cost function C'. C'(x) = (c) What happens to C(x) when x is very large? lim C(x) = Interpret your results. O This value is what the average cost per unit approaches if the production level is very high. O This value is what the production level approaches if the average cost per unit is very high. O This value is what the average cost per unit approaches if the production level is very low. O This value is what the production level approaches if the average cost per unit is very low.
Marginal Average Cost for Producing Desks Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where C(x) is dollars/year. Find the following functions (in dollars) and interpret your results. C(x) 105x + 240,000 (a) Find the average cost function C. C(x) = (b) Find the marginal average cost function C'. C'(x) = (c) What happens to C(x) when x is very large? lim C(x) = Interpret your results. O This value is what the average cost per unit approaches if the production level is very high. O This value is what the production level approaches if the average cost per unit is very high. O This value is what the average cost per unit approaches if the production level is very low. O This value is what the production level approaches if the average cost per unit is very low.
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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