Math Problem Statement
The total cost (in dollars) of manufacturing x auto body frames is C(x)=40,000+300x. (B) Find the marginal average cost at a production level of 200 units
Solution
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Math Problem Analysis
Mathematical Concepts
Calculus
Cost Functions
Marginal Cost
Average Cost
Formulas
Total Cost: C(x) = 40,000 + 300x
Average Cost: A(x) = C(x) / x = (40,000 + 300x) / x
Marginal Average Cost: A'(x) = 300/x - (300x + 40,000)/x^2
Theorems
Quotient Rule for Differentiation
Suitable Grade Level
Grades 11-12 (Calculus)
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