Imagine that you are an entrepreneur,making designer t-shirts in your garage.Your accountant has estimated that your firm's total costs can be expressed by the function TC = 300 + 10 × Q,where Q represents the number of t-shirts you make.
Refer to the information given above.If you make 1,000 t-shirts,your average total cost is _______.

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