Sketch the graphs of the average cost function

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Average and marginal costs:-

The total daily cost (in dollars) of producing x city bikes is given by

C(x)= 500 + 2x + 0.2x²

(A) Sketch the graphs of the average cost function and the marginal cost function on the same set of coordinate axes. Include any oblique asymptotes.

(B) Find the minimum average cost.

Reference no: EM131268864

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