Asume the cost function to manufacture shoes is cx 30x

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Assume the cost function to manufacture shoes is C(x) = 30x + 300,000, where x represents the number of shoe pairs made.

1. Use this information to construct the average cost function.

2. Explain the behavior of the average cost function as x increases without bound. (Solve for various values of X to find the behavior).

3. What type of asymptote does this function have?

Reference no: EM13469724

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