ALG.2: FLASHCARD Unit 2 Lessons 16-22

Front

What is the average cost function for producing x sweatshirts if the setup cost is $40 and the material cost is $4.50 per sweatshirt?

Back

Front

Back

Front

How do you calculate the average cost per product if a firm spends $50,000 on fixed costs and $5 on materials for each product?

Back

Front

What is the average cost per session after the first 5 free sessions if the joining cost is $200?

Back

Front

How many sessions will it take for the average cost per session to be $20 if the joining cost is $200?

Back

It will take 15 sessions for the average cost per session to be $20.

Front

Back

Front

Define a vertical asymptote in the context of rational functions.

Back

Front

What is the significance of the setup cost in the average cost function?

Back

The setup cost affects the average cost per unit, especially when production volume is low.

Front

Explain how to find the average cost per unit when fixed and variable costs are involved.

Back

The average cost per unit is found by dividing the total cost (fixed + variable) by the number of units produced.

Front

What does it mean if a function has no vertical asymptote?

Back

It means that the function does not approach infinity for any finite value of x.