Question
Suppose that the average yearly cost per item for producing x items of a business product is C(c) = 10 + 25/c. if the current
Suppose that the average yearly cost per item for producing x items of a business product is C̅(c) = 10 + 25/c. if the current production is x 5 and production is increasing at a rate of 4 items per year, find the rate of change of the average cost the average cost is decreasing at the rate of $ per year.
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Mathematics for Economics and Business
Authors: Ian Jacques
9th edition
129219166X, 9781292191706 , 978-1292191669
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