Question: MARGINAL AVERAGE COST Custom Office makes a line of executive desks. It is estimated that the total cost for making x units of their Senior Executive model is
C(x) = 100x + 200,000
Dollars/year.
a. Find the average cost function C¯.
b. Find the marginal average cost function C¯ .
c. What happens to C¯ (x) when x is very large? Interpret your results.