Suppose the total cost of producing x books is C(x) = 22 + 3x² in dollars and the price-demand equation is 3x + p = 40. What is the total cost of producing 6 books? What is the marginal cost of producing the 4th book? What is the average cost of producing 3 books? What is the marginal average cost of producing the 6th book?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
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Suppose the total cost of producing x books is C(x) = 22 + 3x² in dollars and the price-demand equation is 3x + p = 40.
What is the total cost of producing 6 books?
What is the marginal cost of producing the 4th book?
What is the average cost of producing 3 books?
What is the marginal average cost of producing the 6th book?
Transcribed Image Text:Suppose the total cost of producing x books is C(x) = 22 + 3x² in dollars and the price-demand equation is 3x + p = 40. What is the total cost of producing 6 books? What is the marginal cost of producing the 4th book? What is the average cost of producing 3 books? What is the marginal average cost of producing the 6th book?
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