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Question: The average cost per item, C, in dollars, of manufacturing a quantity q of cell phones is given by
C = (a/q) + b
Where a, b are positive constants.
(a) Find the rate of change of C as q increases. What are its units?
(b) If production increases at a rate of 100 cell phones per week, how fast is the average cost changing? Is the average cost increasing or decreasing?
Prepare a Flexible Budget Gator Divers is a company that provides diving services such as underwater ship repairs to clients in the Tampa Bay area.
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