What is happening to the average cost

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Reference no: EM131010299

The average cost function for the weekly manufacture of portable CD players is given by

C(x) = 130,000x^-1 + 30 + 0.01x dollars per player,

where x is the number of CD players manufactured that week. Weekly production is currently 3,000 players and is increasing at a rate of 100 players per week. What is happening to the average cost?

Reference no: EM131010299

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