The management of ThermoMaster Company, whose Mexican subsidiary manufactures an indoor-outdoor thermometer, has estimated that the total weekly cost (in dollars) for producing x thermometers is dollars/year. Find the average cost function C.

Question

The management of ThermoMaster Company, whose Mexican subsidiary manufactures an indoor-outdoor thermometer, has estimated that the total weekly cost (in dollars) for producing x thermometers is  dollars/year. Find the average cost function C.

Quizplus · Accepted Answer

The average cost function C is given by:

C(x) = Total cost / Quantity produced

C(x) = (11eaa8b1_dbe5_59c1_b1b6_c57009c92a8b_TB6026_11 dollars/year) / x

C(x) = 11eaa8b1_dbe5_80d3_b1b6_254efc73141b_TB6026_11

Therefore, the correct choice is B.

The Management of ThermoMaster Company, Whose Mexican Subsidiary Manufactures an Indoor-Outdoor