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Answer both parts full thanks MAT133 Test 4 Summer 2021 Student ID: 3. Antoine owns a factory. The only daily fixed initial cost of the

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Answer both parts full thanks

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MAT133 Test 4 Summer 2021 Student ID: 3. Antoine owns a factory. The only daily fixed initial cost of the factory is the cost of running the machines M. (a) (2 points) Suppose that the only information Antoine has available to him is the cost of the machines M and the marginal cost function MC(q). Explain in a few words to Antoine how he can compute the total cost of producing 30 units per day. (b) (5 points) Antoine has found that his marginal cost function is given by MC(q) = (q+1) In(q+1). What is the average cost per unit to produce 30 units per day? S/unit. The average cost per unit is

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