In Problem, cost, revenue, and profit are in dollars and x is the number of units. The
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In Problem, cost, revenue, and profit are in dollars and x is the number of units.
The average cost of a product changes at the rate C̅'(x) = -10/x2 + 1/10 and the average cost of 10 units is $20.
(a) Find the average cost function.
(b) Find the average cost of 20 units.
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Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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