Question: 12) Consider the following cost function. C(x)=-0.04x2 +100x+800, 0x1000, a=500 a) Find the average cost and marginal cost functions. A(x)= ((x) A(x) = -0.04x

12) Consider the following cost function. C(x)=-0.04x2 +100x+800, 0x1000, a=500 a) Find

12) Consider the following cost function. C(x)=-0.04x2 +100x+800, 0x1000, a=500 a) Find the average cost and marginal cost functions. A(x)= ((x) A(x) = -0.04x + 100 x 4800 b) Determine the average cost and the marginal cost when x=a

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