CBF TEX -1 3 G I + X -> C A mathxl.com/Student/PlayerTest.aspx?testld=230472223 Gouanet-MAT-2410-RE01 (1) Abdulraheem Oyewole & | 07/05/21 12:09 PM Quiz: Quiz #6 3.6 - 3.8 Time Remaining: 01:12:55 Submit Quiz This Question: 1 pt 9 of 9 This Quiz: 9 pts possible Consider the following cost function. a. Find the average cost and marginal cost functions. b. Determine the average and marginal cost when x = a. C. Interpret the values obtained in part (b). C(x) = 0.01x# +0.3x~ + 40x + 20, 05 x= 1500, a = 500 a. The average cost function is C(x) = . The marginal cost is function is C'(x) = . b. The average cost when x= = is $ . (Round to two decimal places as needed.) The marginal cost when x = a is $ . (Round to two decimal places as needed.) c. Choose the correct interpretation of the average cost when x = a. O A. The cost of producing 500 items is about $1,490.18. O B. The cost of producing the 501st item is about $7,840.00. O C. The cost of producing the 501st item is about $1,781.59. O D. The average cost per item is about $2,690.18 when 500 items are produced. Choose the correct interpretation of the marginal cost when x = a. O A. The cost of producing the 501st item is about $7,840.00. O B. The average cost per item is about $2,690.18 when 500 items are produced. O C. The cost of producing 501 items is about $481.59. O D. The cost of producing 500 items is about $1,490.18. Click to select your answer(s). ? Save for Later 4