Cost, revenue, and profit are in dollars and x is the number of units. The average cost of a product changes at the rate C'(x) = -30 + 10 and the average cost of 10 units is $60.00. (a) Find the average cost function. σ = (b) Find the average cost of 70 units. (Round your answer to two decimal places.)

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section: Chapter Questions
Problem 25RE
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Cost, revenue, and profit are in dollars and x is the number of units.
The average cost of a product changes at the rate
1
-30
x² 10
+
and the average cost of 10 units
C'(x) =
$60.00.
(a) Find the average cost function.
C=
(b) Find the average cost of 70 units. (Round your answer to two decimal places.)
$
Transcribed Image Text:Cost, revenue, and profit are in dollars and x is the number of units. The average cost of a product changes at the rate 1 -30 x² 10 + and the average cost of 10 units C'(x) = $60.00. (a) Find the average cost function. C= (b) Find the average cost of 70 units. (Round your answer to two decimal places.) $
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