Find the marginal average cost function if cost and revenue are given by C(x)=158+3.6x and R(x)=4x−0.03x2....

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Find the marginal average cost function if cost and revenue are given by C(x)=158+3.6x and R(x)=4x−0.03x2. The marginal average cost function is C′(x)= nothing.

business accounting

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Answer 1

Answer #1

C(x)=158+3.6x
Average cost function = 158/x + 3.x/x = 158x^-1 + 3.6
Taking derivating we get:

Marginal average cost function = -158x^-2 or -158/x^2

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Answer 2

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