Question: Suppose a company's average costs are given by (a) Express the average-cost formula as a single fraction. (b) Write the expression that gives the company's

Suppose a company's average costs are given by

(a) Express the average-cost formula as a single fraction.
(b) Write the expression that gives the company's total costs.
Use this equation, A company's average cost per unit when x units are produced is defined to be
Average cost = Total cost / x

40,500 Average cost + 190 + 0.2.x

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