Question: Given that the variable cost is given by 2x + 4x and fixed cost is 5000. Determine the:A. total cost functionB. marginal cost functionC. average


Given that the variable cost is given by 2x² + 4x and fixed cost is 5000. Determine the:A. total cost functionB. marginal cost functionC. average cost functionD. average cost when x = 5
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