SOLUTION: Suppose the cost function to manufacture shoes is C(x) = 30x + 300,000, where x represents the number of shoe pairs made. Use this information to construct the average cost functi
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Question 878192: Suppose the cost function to manufacture shoes is C(x) = 30x + 300,000, where x represents the number of shoe pairs made. Use this information to construct the average cost function, C(x)/x . Explain the behavior of the average cost function as x increases without bound. What type of asymptote does this function have?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Here's the plot:
As approaches infinity,
approaches
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