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The total cost (in dollars) of manufacturing x auto body frames is

C(x)=60,000+300x

(A) Find the average cost per unit if 500 frames are produced.

(B) Find the marginal average cost at a production level of 500 units and interpret the results.

(C) Use the results from parts (A) and (B) to estimate the average cost per frame if 501 frames are produced.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M92023337

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