Find the marginal average cost at a production level

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Reference no: EM131268593

The total cost (in dollars) of printing x dictionaries is

C(x)=20,000+10x

(A) Find the average cost per unit if 1,000 dictionaries are produced.

(B) Find the marginal average cost at a production level of 1,000 units and interpret the results.

(C) Use the results from parts (A) and (B) to estimate the average cost per dictionary if 1,001 dictionaries are produced.

Reference no: EM131268593

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