The total cost, C, (in thousands of dollars) to make reading glasses is a function of the number of pairs of glasses made u (in thousands) and is given by C(u) = - 0.01 u²+2.35 u + 13.12. . A. Find the marginal cost at the production level of 29 thousand and choose the correct units Select an answer (nearest 0.01) B. Which one is the best business interpretation of the marginal cost above Select an answer C. What is the average cost at the same production level? (nearest 0.01) D. At this production level if another pair of glasses are made the average cost will Select an answer

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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The total cost, C, (in thousands of dollars) to make reading glasses is
a function of the number of pairs of glasses made u (in thousands) and is given by
C(u) = - 0.01 u²+2.35 · u + 13.12.
=
A. Find the marginal cost at the production level of 29 thousand and choose the correct units
Select an answer (nearest 0.01)
B. Which one is the best business interpretation of the marginal cost above
Select an answer
C. What is the average cost at the same production level?
(nearest 0.01)
D. At this production level if another pair of glasses are made the average cost will [Select an answer ✓
Transcribed Image Text:The total cost, C, (in thousands of dollars) to make reading glasses is a function of the number of pairs of glasses made u (in thousands) and is given by C(u) = - 0.01 u²+2.35 · u + 13.12. = A. Find the marginal cost at the production level of 29 thousand and choose the correct units Select an answer (nearest 0.01) B. Which one is the best business interpretation of the marginal cost above Select an answer C. What is the average cost at the same production level? (nearest 0.01) D. At this production level if another pair of glasses are made the average cost will [Select an answer ✓
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