[Solution] [Cost-Output - II] If the total factory cost, y of making x units of a product is given by y = 5x+ 75, and if 150 units are made: What is the
Question: [Cost-Output - II]
If the total factory cost, y of making x units of a product is given by
y = 5x+ 75,
and if 150 units are made:
- What is the variable cost?
- What is the fixed cost?
- What is the total cost?
- What is the average variable cost ( i.e., variable cost per unit)?
- What is the average cost?
- What is the marginal cost of the 150th unit?
Deliverable: Word Document 
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