Find the average and marginal cost function and interpret results SHOW ALL WORK

Calculus
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Jul 18th, 2015

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c(x) = 0.000002x^3 +5x+362

average cost  = C(x) /x =  0.000002x^2 +5 + 362 /x

marginal cost , C'(x) = 0.000006x^2 +5

C'(1000)= 0.000006*1000^2 +5 =  11

Marginal cost of producing 1000 such objects is $11


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Jul 18th, 2015

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