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A golf ball manufacturer knows the cost associated with various hourly production levels, given below. Production Costs for Golf Balls numerical values to three decimal
A golf ball manufacturer knows the cost associated with various hourly production levels, given below.
Production Costs for Golf Balls
numerical values to three decimal places.
dollars
b If balls are currently being produced each hour, calculate the marginal cost at that level of production. Round your answer to three decimal places.
$
times per hundred balls
Interpret the result. Round your numerical answer to three decimal places.
At an hourly production level of golf balls, production cost is
by $
per hundred golf balls.
numerical values to three decimal places.
dollars per hundred balls
d Calculate the rate of change of average cost for hourly production levels of golf balls. Round your answer to three decimal places.
$
per hundred balls per hundred balls
Interpret the result. Round your numerical answer to three decimal places.
At an hourly production level of golf balls, average production cost is Select by $
per hundred golf balls per hundred golf balls.
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