The marginal average cost function is given below. 4, 000, 000 AC (#): %3D Where AC(r) is the average cost function (in dollars), and a represents the number of items produced. The average cost is $3, 192 when 25 items are produced.

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Question 15
The marginal average cost function is given below.
4, 000, 000
AC (x)
Where AC(x) is the average cost function (in dollars), and x represents the number of items
produced. The average cost is $3, 192 when 25 items are produced.
a. Find the average cost function.
Answer: AC(x) =
(in dollars)
b. Find the cost function.
Answer: C(x) =
(in dollars)
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Transcribed Image Text:Question 15 The marginal average cost function is given below. 4, 000, 000 AC (x) Where AC(x) is the average cost function (in dollars), and x represents the number of items produced. The average cost is $3, 192 when 25 items are produced. a. Find the average cost function. Answer: AC(x) = (in dollars) b. Find the cost function. Answer: C(x) = (in dollars) Submit Question P Type here to search
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