Marginal Average Cost for Producing Desks Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where C(x) is measured in dollars/year. Find the following functions (in dollars) and interpret your results. C(x) = 110x + 270,000 (a) Find the average cost function C. C(x) = (b) Find the marginal average cost function '. (x)= (c) What happens to C(x) when x is very large? lim C(x) = [ x-00
Marginal Average Cost for Producing Desks Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where C(x) is measured in dollars/year. Find the following functions (in dollars) and interpret your results. C(x) = 110x + 270,000 (a) Find the average cost function C. C(x) = (b) Find the marginal average cost function '. (x)= (c) What happens to C(x) when x is very large? lim C(x) = [ x-00
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter3: The Derivative
Section3.4: Definition Of The Derivative
Problem 50E
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Ex 3.4 Q3
![Marginal Average Cost for Producing Desks Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where
C(x) is measured in dollars/year. Find the following functions (in dollars) and interpret your results.
C(x) = 110x + 270,000
(a) Find the average cost function C.
(x) =
(b) Find the marginal average cost function C¹.
C'(x) =
(c) What happens to C(x) when x is very large?
lim C(x) =
x-00
Interpret your results.
O This value is what the average cost per unit approaches if the production level is very low.
O This value is what the production level approaches if the average cost per unit is very high.
O This value is what the average cost per unit approaches if the production level is very high.
O This value is what the production level approaches if the average cost per unit is very low.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F58ddc134-1584-4352-8f3e-6409cfdada9b%2F447ba782-d7d7-4cd2-afe5-8c970ebe8239%2F51yrdpf_processed.png&w=3840&q=75)
Transcribed Image Text:Marginal Average Cost for Producing Desks Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where
C(x) is measured in dollars/year. Find the following functions (in dollars) and interpret your results.
C(x) = 110x + 270,000
(a) Find the average cost function C.
(x) =
(b) Find the marginal average cost function C¹.
C'(x) =
(c) What happens to C(x) when x is very large?
lim C(x) =
x-00
Interpret your results.
O This value is what the average cost per unit approaches if the production level is very low.
O This value is what the production level approaches if the average cost per unit is very high.
O This value is what the average cost per unit approaches if the production level is very high.
O This value is what the production level approaches if the average cost per unit is very low.
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