The total cost (in dollars) of manufacturing x autobody frame is c (x) = 60,000 + 300x
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Question:
The total cost (in dollars) of manufacturing x autobody frame is
c (x) = 60,000 + 300x
A) find the average cost per unit if 500 frames areproduced
b) Find the marginal average cost at a production level of 500units, and interpret the results.
c) Use the results from parts (A) and (B) to estimate theaverage cost per frame if 501 frames are produced
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