A cigar manufacturer produces x cases of cigars per day at a daily cost of 50x(x +
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A cigar manufacturer produces x cases of cigars per day at a daily cost of 50x(x + 200)/(x + 100) dollars. Show that his cost increases and his average cost decreases as the output x increases.
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The cost function is Thus cost increases as output increa...View the full answer
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Related Book For
Calculus And Its Applications
ISBN: 9780134437774
14th Edition
Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar
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