The DeWitt Company Has Found That the Rate of Change

question 101

Multiple Choice

The DeWitt Company has found that the rate of change of its average cost of producing a product is , where x is the number of units and cost is in dollars. The average cost of producing 20 units is $40.00. Find the average cost of producing 140 units of the product. Round to the nearest dollar. ​

• A)$46
• B)$48
• C)$51
• D)$53
• E)$58

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Definitions:

Breach

The violation or failure to perform any term of a contract, agreement, or obligation either by action or failure to act.

Nonbreaching Party

The party in a contract that has not failed to fulfill any contractual obligations, as opposed to the party that has breached the contract.

Duty of Performance

An obligation of a party in a contract to complete the tasks, obligations, or services as agreed upon in the contract.

Uncertain Event

An event whose occurrence or outcome is not known or predictable with certainty, often associated with risk assessment.