The weekly cost for a small confectioner to produce g chocolate bars is C(q) = 1700 + 0.12q + 0.001g?. (a) Find the average cost function. average cost function = (b) Find the marginal cost function. marginal cost function = (c) Compute the average cost and the marginal cost when 500 chocolate bars have been produced. (Round your answers to two decimal places.) average cost 2$ marginal cost $4 What is the actual cost of the 501st chocolate bar?
The weekly cost for a small confectioner to produce g chocolate bars is C(q) = 1700 + 0.12q + 0.001g?. (a) Find the average cost function. average cost function = (b) Find the marginal cost function. marginal cost function = (c) Compute the average cost and the marginal cost when 500 chocolate bars have been produced. (Round your answers to two decimal places.) average cost 2$ marginal cost $4 What is the actual cost of the 501st chocolate bar?
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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Step 1
Given: The weekly cost function is:
To find:
- The average cost function.
- Marginal cost function.
- Average and marginal costs for 500 chocolates and the actual cost of the 501st chocolate bar.
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