Imagine that you are an entrepreneur, making designer t-shirts in your garage. Your total cost (in dollars)is given by the equation TC = 300 + 10Q, where Q represents the number of t-shirts you make. If you make 1,000 t-shirts, your average total cost is ________.
A)$3
B)$3.10
C)$10.30
D)$1.03

Question

Quizplus · Accepted Answer

When Q = 1,000 total cost = 300 + 10 × 1,000 = 10,300. Average total cost is total cost divided by Q, here 10,300/100 = 10.30.

Imagine That You Are an Entrepreneur, Making Designer T-Shirts in Your