Beck Fuentes
03/11/2023 · Junior High School

The total cost (in hundreds of dollars) to produce \( x \) units of perfume is \( C(x)=\frac{7 x-1}{6 x+5} \) (a) Find the average cost function. (b) Find the marginal average cost function. (c) Find the average cost and the marginal average cost for a production level of 5 units. Interpret your results. (a) The average cost function is \( \overline{\mathrm{C}}(x)=\frac{7-\frac{1}{x}}{6 x+5} \). (b) The marginal average cost function is \( \bar{C}^{\prime}(x)=\frac{-42 x^{2}+12 x+5}{\left(6 x^{2}+5 x\right)^{2}} \). (c) The average cost for 5 units is \( \$ \square \) per unit. The marginal average cost for 5 units is \( \$ \square \). (Round to the nearest cent as needed.)

UpStudy ThothAI Solution

Tutor-Verified Answer

Quick Answer

(a) The average cost function is \( \overline{C}(x) = \frac{7 - \frac{1}{x}}{6 + \frac{5}{x}} \). (b) The marginal average cost function is \( \overline{C}'(x) = \frac{-42x^2 + 12x + 5}{(6x^2 + 5x)^2} \). (c) The average cost for 5 units is approximately $97.14 per unit. The marginal average cost for 5 units is approximately $-3.22.

Step-by-step Solution

Elevate Your Learning
Unlock full answers and more with UpStudy Premium
Get AI Assistant
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text

Enter your question here…

By image
Re-Upload
Uploaded Files
xxxx.png0%
Submit
📸 STUDY CAN BE A REAL STRUGGLE
Why Not UpStudy It?
Select your plan below
Premium

You can enjoy

  • Step-by-step explanations
  • 24/7 expert live tutors
  • Unlimited number of questions
  • No interruptions
  • Full access to answer and
    solution
  • Full Access to PDF Chat, UpStudy Chat, Browsing Chat
Basic
  • Limited Solutions