The next set of questions builds from this story: There is a firm, Colossal Coffee Roasters, Inc., which roasts coffee.
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The next set of questions builds from this story: There is a firm, Colossal Coffee Roasters, Inc., which roasts coffee. If they are roasting c pounds of coffee, then roasting more coffee costs them this much per pound:3c2 7c 69 100 − 5 + 41. Is that math expression above an average cost, a marginal cost, or both, or neither? Explain your answer.2. For now, suppose they can’t roast fractions of pounds. Suppose they were producing 0 pounds of coffee. How many dollars would it cost to roast 1 pound?3. Draw a pair of axes– with “$ per pound” on the vertical axis and “# of pounds” on the horizontal. On those axes, graphically represent your answer to the previous question as an area.4. Now, suppose they are roasting 1 pound. How many dollars would it cost to produce a second pound?5. On the axes from part 3 (but in a different color this time) graphically represent your answer to part 5as an area.6. Onthesameaxesfrompart3,graphicallyrepresenthowmanydollarsitwouldcosttoproduceathird, a fourth, and then a fifth pound. Be sure to make clear which area refers to the cost of the third, the fourth, and the fifth pound so we can tell the areas apart.7. How many dollars does it cost, in total, to roast those first 5 pounds? (We’re looking for an answer in the form of a number of dollars; please show the arithmetic you use to arrive at that number).
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Do you need help with this or a different assignment? Even when your task is complicated and the deadline is in less than 2 days, you still have every chance to get a good grade for it. How? By completing the order form, you will get the finest custom-written assignment at an affordable price. We also deliver a number of services for free (e.g., revisions, editing, checking the text for authenticity). Use our paper writing service to receive effective help with your homework.
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