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A manufacturer has determined that, for his product= the daily average cost (in hundreds of dollars) is given by: _ 324 +s+1s cz qu-I-SS '1?
A manufacturer has determined that, for his product= the daily average cost (in hundreds of dollars) is given by: _ 324 +s+1s cz qu-I-SS '1? 13 a} As daily production increases= the average cost approaches a constant dollar amount. What is this amount? b) Determine the manufacturers marginal cost when 1? units are produced per day. c) The manufacturer determines that if production (and sales} were increased to 18 units per day= revenue would increase by 52.75. Should this move he made? Why? Note: round your answers to 2 decimal places
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