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A hotdog vendor must pay a monthly fee to operate a food cart in the city park. The cost in dollars of selling x hundred
A hotdog vendor must pay a monthly fee to operate a food cart in the city park. The cost in dollars of selling hundred hotdogs in a month can be approximated by Complete parts a through d below.
a Find the averagecost function.
The averagecost function is
b Find and interpret the average cost at sales levels of hotdogs and hotdogs.
The average cost at sales levels of hotdogs is $ hotdogs.
Round to the nearest cent as needed.
The average cost at sales levels of hotdogs is $ hotdogs.
Round to the nearest cent as needed.
Interpret these results, choose the correct answer below. Take the sales level of hotdogs as an example. Select the correct choice below and fill in the answer box to complete your choice.
A At a sales level of hotdogs, the average cost is $ per hotdogs.
B At a sales level of hotdogs, if an additional hotdogs are sold, the average cost increases by approximately $ per hotdogs.
c Find the marginal averagecost function.
The marginal averagecost function is
d Find and interpret the marginal average cost at sales levels of hotdogs and hotdogs.
The marginal average cost at sales levels of hotdogs is $ hotdogs
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