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Homework answers / question archive / Given revenue R(x)=50x and cost [Math Processing Error]C(x)=x23+750, where [Math Processing Error]x is the number of items sold and revenue and cost are in dollars, find the following: (a) The average revenue, average cost, and average profit
Given revenue R(x)=50x and cost [Math Processing Error]C(x)=x23+750, where [Math Processing Error]x is the number of items sold and revenue and cost are in dollars, find the following:
(a) The average revenue, average cost, and average profit.
(b) The rate at which the average cost is changing when 8 items are produced.
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