Cost, revenue, and profit are in dollars and x is the number of units. The average cost of a product changes at the rate C'(
Cost, revenue, and profit are in dollars and x is the number of units. The average cost of a product changes at the rate C'( x ) = -4x - 2 + 4 and the average cost of 4 units is $11.00. (a) Find the average cost function. C ( x ) = (b) Find the average cost of 16 units. (Round your answer to the nearest cent. )
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