A manufacturer has determined the marginal -cost function dc/dq below, where q is the number of the units produced. If marginal cost is $7.50 when q = 50 and fixed costs are $2000, what is the avaerage cost of producing 500 units? Dc/ Dq0.015q^2 -0.8q+10

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter3: Linear And Nonlinear Functions
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A manufacturer has determined the marginal -cost function dc/dq below, where q is the number of the units produced.
If marginal cost is $7.50 when q = 50 and fixed costs are $2000, what is the avaerage cost of producing 500 units? Dc/
Dq0.015q^2 -0.8q+10
Transcribed Image Text:A manufacturer has determined the marginal -cost function dc/dq below, where q is the number of the units produced. If marginal cost is $7.50 when q = 50 and fixed costs are $2000, what is the avaerage cost of producing 500 units? Dc/ Dq0.015q^2 -0.8q+10
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