Question

The total cost (in dollars) of producing x college textbooks is C(x) = 50x+ 11,000
What is the fixed cost? 11,000
What is the marginal cost?
What is the total cost of producing 700 books? 34,000 books?
What is the average cost when 700 books are produced? When 34,000 books are produced?
(a) ok
(b) dC/dx = 50
(c) C(700), C(34000)
(d) C(n)/n
dC/dx=50

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