Question
The total cost in dollars of manufacturing x auto body frames is C x 40 000 500x A Find the average cost per unit if
The total cost in dollars of manufacturing x auto body frames is C x 40 000 500x A Find the average cost per unit if 500 frames are produced Hint Recall that C x is the average cost per unit B Find the average value of the cost function over the interval 0 500 C Discuss the difference between parts A and B A The average cost per unit if 500 frames are produced is B The average value of the cost function is C C is the average cost per unit at a production level of 500 units is the average value of the total cost as production increases from 0 to 500 units
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