A company is planning to manufacture small canoes. Fixed monthly cost will be $20,000 and it will cost $20 to produce each canoe. a. Write the cost function, C, of producing x canoes. b. Write the average cost function, C, of producing x canoes. c. How many canoes must be produced each month for the company to have an average cost of $40 per canoe?

A company is planning to manufacture small canoes. Fixed monthly cost will be $20,000 and it will cost $20 to produce each canoe. a. Write the cost function, C, of producing x canoes. b. Write the average cost function, C, of producing x canoes. c. How many canoes must be produced each month for the company to have an average cost of $40 per canoe?

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.CT: Test

Problem 19CT

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