Problem

Business: Marginal Average Cost A company can produce a mini optical computer mouse at a...

Business: Marginal Average Cost A company can produce a mini optical computer mouse at a cost of $7.50 each while fixed costs are $50. Therefore, the company’s cost function is C(x) = 7.5x + 50.

a. Find the average cost function .

b. Find the marginal average cost function MAC(x).

c. Evaluate MAC(x) at x = 50 and interpret your answer.

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