Solution-Find the marginal average cost function

Find the marginal average cost function

Reference no: EM131560747

Question: MARGINAL AVERAGE COST The management of ThermoMaster Company, whose Mexican subsidiary manufactures an indoor-outdoor thermometer, has estimated that the total weekly cost (in dollars) for producing x thermometers is

C(x) = 5000 + 2x

a. Find the average cost function C¯.

b. Find the marginal average cost function C¯'.

c. Interpret your results.

Reference no: EM131560747

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Find the marginal average cost function

Reference no: EM131560747

Reference no: EM131560747

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