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If you input 0 through 4 into the function, multiplying every outcome by whatever interval you're testing with, say 0. Average Cost.
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  • Profit, P ( x ), equals revenue minus costs.
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  • X = ∑ (x i )/n.
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  • 1, the profit is maximized at the level of production where mar-ginal profit is zero, and in Example 4.
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    Express the cost C as a function of x, the number of tuxedos rented.

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  • Sep 7, 2022 · average rate of change is a function \(f(x)\) over an interval \([x,x+h]\) is \(\frac{f(x+h)−f(a)}{b−a}\) marginal cost is the derivative of the cost function, or the approximate cost of producing one more item marginal revenue is the derivative of the revenue function, or the approximate revenue obtained by selling one more item marginal.
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  • $25,000 ÷ 200= $125.
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    Finding & Minimizing the Average Cost Given the following information, find the marginal average cost and the value of q q q which minimizes the average cost: C (q) = q 4 − 2 q 2 + 10 q C(q)=q^4-2q^2+10q C (q.

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