A certain company has a fixed cost of $200 per day. It costs the company $3.10 per unit to make its products. The company is
tracking its average cost to make x units using (x) -
.) - 200+ 3.10x
x . Which statement is true?
The horizontal asymptote of y 3.10 represents that the average cost per unit will approach 83.10 as the number of units
produced increases
The horizontal asymptote of y o represents that the average cost per unit will approach so as the number of units
produced increases.
The vertical asymptote of x = 3.10 represents that the average cost per unit will approach $3.10 as the number of units
produced increases.
The vertical asymptote of x = 0 represents that the average cost per unit will approach so as the number of units produce
increases.
O