Question

The total cost (in dollars) of manufacturing x auto body frames is C(x) = 20,000 + 500x.

 The total cost (in dollars) of manufacturing x auto body frames is C(x) = 20,000 + 500x.

 (A) Find the average cost per unit if 50 frames are produced.

 (B) Find the marginal average cost at a production level of 50 units.

 (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 51 frames are produced.


 (A) If 50 frames are produced, the average cost is $_______  per frame.

 (B) The marginal average cost at a production level of 50 units is $_______  per frame.

 (Round to the nearest cent as needed.)

 (C) Using the results from parts (A) and (B), the estimate of the average cost per frame if 51 frames are produced is $_______ 

 (Round to the nearest cent as needed.)


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