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Homework answers / question archive / It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where C(x) is measured in dollars/year

It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where C(x) is measured in dollars/year

Accounting

It is estimated that the total cost for making x units of their Senior Executive model is represented by the following function, where C(x) is measured in dollars/year. C(x) = 94x + 270000

(a) Find the average cost function C. C(x) =

(b) Find the marginal average cost function C'. C'(x) =

(c) What happens to C(x) when x is very large? limx→∞limx→∞ C(x) =

Interpret your results.

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