Final answer:
To find the marginal average cost function Cave′(x), we need to calculate the derivative of the cost function C(x). The function is C(x) = 3000 + 10x - 0.05x^2. The derivative is 10 - 0.1x.
Step-by-step explanation:
To find the marginal average cost function Cave′(x), we need to calculate the derivative of the cost function C(x). The cost function is given as C(x) = 3000 + 10x - 0.05x^2.
To find the derivative, we differentiate the function with respect to x. The derivative of the constant term 3000 is 0. The derivative of 10x is 10. And the derivative of -0.05x^2 is -0.1x.
Therefore, the marginal average cost function Cave′(x) is 10 - 0.1x.