The total cost equation for producing (X) widgets is given by (mathrm{TC}=$ 1,000+$ 6 X). The average

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The total cost equation for producing $X$ widgets is given by $\mathrm{TC}=\$ 1,000+\$ 6 X$. The average cost per widget for producing 500 widgets is closest to which of the following?

a. $\$ 1,000$

b. $\$ 6$

c. $\$ 8$

d. $\$ 4,000$

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Principles Of Engineering Economic Analysis

ISBN: 9781118163832

6th Edition

Authors: John A. White, Kenneth E. Case, David B. Pratt

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Question Posted: Apr 02, 2024 12:01 AM

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The total cost equation for producing (X) widgets is given by (mathrm{TC}=$ 1,000+$ 6 X). The average

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Principles Of Engineering Economic Analysis

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