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Nine: Marginal Cost A manufacturer incurs the following monthly costs in producing x water ski vests: 1) fixed monthly costs are 59,280AED; 2) unit production

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Nine: Marginal Cost A manufacturer incurs the following monthly costs in producing x water ski vests: 1) fixed monthly costs are 59,280AED; 2) unit production cost are 54AED per vest; and 3) equipment maintenance and repairs are generally 3AED per vest. A) What is the average cost for producing 1,200 vests? (5 Pts) B) What is the marginal cost for the 1,200th vest produced? (5Pts)

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