Consider the following cost function. A. Find the average cost and marginal cost functions.
B. Determine the average and marginal cost when x = a.
C. Interpret the values obtained in part (b).
C(x) = 1000 + 0.1x, 0 ≤ x ≤ 50000 ≤ x ≤ 5000, a = 2000

a)Average cost function =

Marginal cost function =

b)

c) is the average cost to produce first 2000 items

C'(2000)=0.1 is the marginal cost to produce 2001 th item

Step-by-step explanation:

Cost function:

a)Find the average cost and marginal cost functions.

Average cost function =

Average cost function =

Marginal cost function =

b) Determine the average and marginal cost when x = a.

a = 2000

Average cost function =

So,

Marginal cost function =

c)Interpret the values obtained in part (b).

is the average cost to produce first 2000 items

C'(2000)=0.1 is the marginal cost to produce 2001 th item

just needed some points but try socratic

on a coordinate grid, point a is at (−4.0, −2.4) and point b is at (4.0, −2.4). point b is a reflection of point a across the –axis. input either a lowercase x or i think is the right awnser

step-by-step explanation: