A manufacturer is capable of producing 5,000 units per day. There is a fixed (overhead) cost of

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A manufacturer is capable of producing 5,000 units per day. There is a fixed (overhead) cost of $1,500 per day and a variable cost of $2 per unit produced.

a. Express the daily cost C(x) as a function of the number of units produced, and sketch the graph of C(x).

b. Find the average daily cost AC(x). What is the average daily cost of producing 3,000 units per day?

c. Is C(x) continuous? If not, where do its discontinuities occur?

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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Question Posted: May 23, 2023 03:55 AM

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A manufacturer is capable of producing 5,000 units per day. There is a fixed (overhead) cost of

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a The fixed cost is 1500 and the cost per unit is 2 so the cost is Cx 1500 2x for ...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

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