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March 29, 2017

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Find the average cost function C associated with the following total cost function C.
C(x) = 0.000007x3 - 0.06x2 + 110x + 76000

C(x) = ??

(a) What is the marginal average cost function C' ?
C'(x) = ??

(b) Compute the following values. (Round your answers to three decimal places.)

C'(5,000) = ??


C'(10,000) = ??

  • math - ,

    average cost is total divided by quantity:
    A(x) = C(x)/x

    C'(x) = 0.000021x^2 - 0.12x + 110

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