The Total Cost in Dollars of Producing X Lawn Mowers

question 34

Multiple Choice

The total cost in dollars of producing x lawn mowers is given by C(x) = 4,000 +90x - Find the marginal
average cost at x = 20, and interpret the result.

• A) -$10.33; a unit increase in produuction will decrease the average cost per unit by approximately $10.33 ata production level of 20 units.
• B) -$13.33; a unit increase in production will decrease the average cost per unit by approximately $13.33 at a production level of 20 units.
• C)-$1.33; unit increase in prodction will decrease the average cost per unit by approximately $1.33 at a production level of 20 units.
• D) -$20.33; a unit increase in production will decrease the average cost per unit by approximately $20.33 at a production level of 20 units.

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Definitions:

Job Assignments

The allocation of tasks, responsibilities, or projects to employees or team members within an organization.