Solved: When 100 units are produced the average cost is 50 per unit, Mathematics

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When 100 units are produced the average cost is 50 per unit

The marginal-cost function for a manufacturer's product is given by:

dc/dq = 10 - 100/ q + 10

Where c is the total cost in dollars when q units are produced. When 100 units are produced, the average cost is $50 per unit. To the nearest dollar, determine the manufacturer's fixed cost.

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Mathematics: When 100 units are produced the average cost is 50 per unit

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Mathematics: When 100 units are produced the average cost is 50 per unit

Reference No:- TGS02873759

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