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Recall that if the cost of producing x units is C(x), then the average cost function is C(x) =- C(x) X An artist who makes

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Recall that if the cost of producing x units is C(x), then the average cost function is C(x) =- C(x) X An artist who makes handmade earrings has fixed costs of $300 for a table at an art fair. The marginal cost (the cost of producing one gs) is $4 per pair. (a) Find the linear cost function C(x). (b) Find the average cost function C(x) (c) Find C(5) and interpret your answer (d) Find C(50) and interpret your answer (c) Find the horizontal asymptote of C(x), and explain what it means in practical terms. (Type an integer or decimal rounded to two decimal places as needed.) Interpret the above answer Select the correct choice below and fill in the answer box to complete your choice (Type an integer or decimal rounded to two decimal places as needed.) O A. When making 5 pairs, the average profit is s per pair O B. When making 5 pairs, the net income is $ per pair O C. When making 5 pairs, the average cost is $ per pair O D. When making pairs, the average cost is $5 per pair. (d) Find C(500) and interpret your answer. C(500) = (Type an integer or decimal rounded to two decimal places as needed.) Interpret the above answer. Select the correct choice below and fill in the answer box to complete your choice (Type an integer or decimal rounded to two decimal places as needed.) O A. When making pairs, the average profit is $500 per pair. O B. When making 500 pairs, the net income is S O C. When making 500 pairs, the average cost is S per pair O D. When making pairs, the total cost is $500. (e) What is the horizontal asymptote for the graph of the average cost function, C? The horizontal asymptote is (Type an equation.) Describe what this means in practical terms. Select the correct choice below and fill in the answer box to complete your choice. (Type an integer or a decimal.)

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