The formula for percent of increase/decrease:
difference in original and new/original x 100
17926-12475/12475=
5451/12475=
.4369
x 100=
43.7% increase
Answer:
(a) The average cost function is
(b) The marginal average cost function is
(c) The average cost approaches to 95 if the production level is very high.
Step-by-step explanation:
(a) Suppose is a total cost function. Then the average cost function, denoted by , is
We know that the total cost for making x units of their Senior Executive model is given by the function
The average cost function is
(b) The derivative of the average cost function, called the marginal average cost function, measures the rate of change of the average cost function with respect to the number of units produced.
The marginal average cost function is
(c) The average cost approaches to 95 if the production level is very high.
Answer:
0
Step-by-step explanation:
Your slope would be 0. To find the slope of a line given two points, you find the change in y over the change in x.
In this case, the change in y was 6 - 6 which equals 0.
The change in x was -5 - 2 which was -7.
Since your numerator is 0, 0 divided by anything is automatically equal to 0 no matter what the denominator is.
Therefore, your answer would be 0.
I hope this helped :)
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