If a Manufacturer's Average Cost Equation Is

question 240

Essay

If a manufacturer's average cost equation is
= 500 + 15q +
,find the total cost function c,and the marginal cost function
.What is the marginal cost when 10 units are produced?

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Definitions:

Y-Coordinate

The vertical position in a two-dimensional Cartesian coordinate system, representing the distance from the x-axis.

X-Coordinate

A numerical value that represents a specific point's horizontal position in a coordinate system.

Ordered Pair

A pair of elements arranged in a specific order, commonly used to represent coordinates on a plane or graph.

X-Coordinate

The horizontal value in a pair of coordinates that determines position along the horizontal axis in a Cartesian coordinate system.