--- The total cost (in dollars) of manufacturing x auto body frames is C(x) = 50
ID: 3346392 • Letter: #
Question
---
The total cost (in dollars) of manufacturing x auto body frames is C(x) = 50,000 + 500x. Find the average cost per unit if 500 frames are produced. [Hint: Recall that C(x) is the average cost per unit] (D) Find the average value of the cost function over the interval [0,500]. Discuss the difference between parts (A) and (B). The average cost per unit if 500 frames are produced is $ The average value of the cost function is $ $ is the average cost per unit at a production level of 500 units, $ he average value of the total cost as production increases from 0 to 500 units.Explanation / Answer
(A) answer= $600
(B) answer= $350.5
(C) $600, $350.5
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.