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A company is planning to manufacture snowboards. The fixed costs are $ 1 0 0 per day and total costs are $ 5 9 0
A company is planning to manufacture snowboards. The fixed costs are $ per day and total costs are $ per day at a daily output of boards.
A Assuming that the total cost per day, is linearly related to the total output per day, write an equation for the cost function.
B The average cost per board for an output of boards is given by Find the average cost function.
Sketch a graph of the average cost function, including any asymptotes, for Choose the correct graph below.
A
B
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D
D What does the average cost per board tend to as production increases?
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