Marginal Average Cost for Producing LCD TVs Find the average cost function Cassociated with the following total cost function C given in dollars. C(x) = 0.000008x³ -0.02x² + 110x + 45,000 C(x) = (a) What is the marginal average cost function C¹ (in dollars)? C'(x) = (b) Compute the following values. (Round your answers to three decimal places.) C'(5,000) = (10,000)
Marginal Average Cost for Producing LCD TVs Find the average cost function Cassociated with the following total cost function C given in dollars. C(x) = 0.000008x³ -0.02x² + 110x + 45,000 C(x) = (a) What is the marginal average cost function C¹ (in dollars)? C'(x) = (b) Compute the following values. (Round your answers to three decimal places.) C'(5,000) = (10,000)
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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Ex 3.4 Q8

Transcribed Image Text:Marginal Average Cost for Producing LCD TVs Find the average cost function C associated with the following total cost function C given in dollars.
C(x) = 0.000008x³ -0.02x² + 110x + 45,000
C(x) =
(a) What is the marginal average cost function C' (in dollars)?
C'(x) =
(b) Compute the following values. (Round your answers to three decimal places.)
C'(5,000)
(10,000)
=
=
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