Question:

A business has a cost of C = 0.5x + 500 for producing x

Last updated: 7/17/2022

A business has a cost of C = 0.5x + 500 for producing x

A business has a cost of C = 0.5x + 500 for producing x units. The average cost per unit is given by the following. Find the limit of the average cost as x approaches infinity.