The total daily cost (in dollars) of producing x city bikes is given by C{x) = 500

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The total daily cost (in dollars) of producing x city bikes is given by
C{x) = 500 + 2x + 0.2x2
(A) Sketch the graphs of the average cost function and the marginal cost function on the same set of coordinate axes. Include any oblique asymptotes.
(B) Find the minimum average cost.
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College Mathematics for Business Economics Life Sciences and Social Sciences

ISBN: 978-0321614001

12th edition

Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen

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