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20 February, 10:00

The total cost incurred by time t in the production of a certain commodity is f (t) dollars. The number of products produced by time t is g (t) units. What does the function f (t) / g (t) represent?

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  1. 20 February, 13:35
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    f (t) / g (t) represents the average cost of producing a unit of commodity between the time frame 0-t.

    Step-by-step explanation:

    f (t) is cost in dollar while g (t) is in unit. f (t) / g (t) will be cost per unit.

    In other words f (t) / g (t) is the total cost spent in time t divided by the amount of commodity produced in units produced in time t.
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