Answer: The answer is C
Step-by-step explanation: Just did it in a quiz
Answer:
$1.30
Step-by-step explanation:
Answer:
See the attachment please.
Step-by-step explanation:
Statistics!! All work is on the picture, plus the boxed answers.
Answer:
a) 
b) 
c) 
Step-by-step explanation:
For total cost function
, average cost is given by
i.e., total cost divided by number of units produced.
Marginal average cost function refers to derivative of the average cost function i.e., 
Given:
Average cost = 
a)
At x = 50 units,

b)
Average cost = 
c)
Marginal average cost:
Differentiate average cost with respect to 
Take 
using quotient rule, 
Therefore,
