Question

Asked Nov 7, 2019

The average cost function for the weekly manufacture of retro portable CD players is given by

C(x) = 160,000x^{−1} + 20 + 0.01x dollars per player,

where *x* is the number of CD players manufactured that week. Weekly production is currently 3,000 players and is increasing at a rate of 100 players per week. What is happening to the average cost?

Step 1

Given, function is

Step 2

Derivate the above function with r...

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