Question: A manufacturer has determined the marginal-cost function dc/dq below, where q is the number of units produced. If marginal cost is $60.00 when q=50 and

A manufacturer has determined the marginal-cost function dc/dq below, where q is the number of units produced. If marginal cost is $60.00 when q=50 and fixed costs are $7000, what is the average cost of producing 100 units?

dc/dq = 0.012q^2-0.4q+50

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