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Mathematics, 17.12.2021 14:00 hinokayleen5053

A manufacturer’s total cost consists of a fixed overhead of $5,000
plus production costs of $60 per unit.
a. Express the total cost as a function of the number
of units produced, and sketch its graph.
b. Find the average cost function AC(x). What is
the average cost of producing 20 units?

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Answers: 3

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A manufacturer’s total cost consists of a fixed overhead of $5,000
plus production costs of...
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