The total cost (in hundreds of dollars) to produce x units of a product is C(x) =6x-5/8x+1. Find the average cost for each of the following production levels. 20 units x units Find the marginal average cost function. The average cost for 20 units is per unit. (Round to the nearest hundredth as needed.) The average cost for x units is hundred dollars per unit. The marginal average cost function is .
Show transcribed image textThe total cost (in hundreds of dollars) to produce x units of a product is C(x) =6x-5/8x+1. Find the average cost for each of the following production levels. 20 units x units Find the marginal average cost function. The average cost for 20 units is per unit. (Round to the nearest hundredth as needed.) The average cost for x units is hundred dollars per unit. The marginal average cost function is .