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Your production of widgets is governed by an average production cost equation, avg. cost = $1,000...

Your production of widgets is governed by an average production cost equation, avg. cost = $1,000 + $5,000/(x+1000) where x is the number of goods produced. If you are currently selling 9,000 units at a price $3.44, what is the marginal cost of selling an additional unit? Carry out calculations to at least 4 decimal places. Enter percentages as whole numbers. Example: 3.03% should be entered as 3.03. Do not include commas or dollar signs in numerical answers.

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t e m e (2 +1000 ) g ao 1030 2.1Gro . 499反 me t pelling au ad ditional uni

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