Suppose that the dollar cost of producing x appliances is c(x) = 600 + 110x- 0.1x2 a. Find the average cost per appliance of producing the first 150 appliances. b. Find the marginal cost when 150 appliances are produced. c. Show that the marginal cost when 150 appliances are produced is approximately the cost of producing one more appliance after the first 150 have been made, by calculating the latter cost directly. The average cost per appliance of producing the first 150 appliances is S/appliance. (Round to the nearest cent as needed.)

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
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Suppose that the dollar cost of producing x appliances is c(x) = 600 + 110x- 0.1x2
a. Find the average cost per appliance of producing the first 150 appliances.
b. Find the marginal cost when 150 appliances are produced.
c. Show that the marginal cost when 150 appliances are produced is approximately the cost of producing one more appliance after the first 150 have been made, by calculating the latter cost directly.
The average cost per appliance of producing the first 150 appliances is S/ appliance.
(Round to the nearest cent as needed.)
Transcribed Image Text:Suppose that the dollar cost of producing x appliances is c(x) = 600 + 110x- 0.1x2 a. Find the average cost per appliance of producing the first 150 appliances. b. Find the marginal cost when 150 appliances are produced. c. Show that the marginal cost when 150 appliances are produced is approximately the cost of producing one more appliance after the first 150 have been made, by calculating the latter cost directly. The average cost per appliance of producing the first 150 appliances is S/ appliance. (Round to the nearest cent as needed.)
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