Sanjay's hair salon has a total cost function given by 
.
Sanjay's average variable cost is AVC = ____.
Definitions:
Manufactured Products
Items that have undergone a manufacturing process, transforming raw materials into finished goods for sale.
Costs
The monetary value required to obtain materials, produce goods, or provide services, impacting the financial performance of a business.
Beliefs
Convictions or acceptances that something exists or is true, especially without proof.
Inventory System
A method or process used by a business to track the quantity, status, and location of items within its inventory from acquisition to sale or usage.
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