A company has fixed costs of $3400 and a marginal cost of $3.86 per unit. Find the average cost function (i.e. the average cost per unit to produce x units). What is the horizontal asymptote of the graph of the average cost function?
What information is provided by the horizontal asymptote?

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The Answer of A company has fixed costs of $3400 and a marginal cost of $3.86 per unit. Find the average cost function (i.e. the average cost per unit to produce x units). What is the horizontal asymptote of the graph of the average cost function?
What information is provided by the horizontal asymptote?

A Company Has Fixed Costs of $3400 and a Marginal