Mathematics · Calculus Applications
Find the Average Cost (AC) and Marginal Cost (MC) functions from the total cost function: TC = 15x2 + 10x + 60.
- 1AC = 166 and MC = 310
- 2AC = 60x + 10 + 15 and MC = 30x + 10
- 3AC = 60 + 10 + 15x and MC = 30x + 10
- 4AC = 60x + 15x + 10 and MC = 30x + 10✓
Correct answer
AC = 60x + 15x + 10 and MC = 30x + 10
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