The DeWitt Company has found that the rate of change of its average cost for a product is 100 1 C'(x) 4 where x is the number of units and cost is in dollars. The average cost of producing 4 units is $56.00. (a) Find the average cost function for the product. 1 100 4 (b) Find the average cost of 70 units of the product. (Round your answer to two decimal places $ 47.66

Franklin International produces 1,000 gallons of Titebond Il at a total cost of 2,562. The marginal cost is 2.7. Using differentials, approximate the cost of producing 1,004 gallons. Round your response to two decimal places.

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