The cost C (in dollars) of producing x units of a product is C = 1.60x + 9,000. (a) Find the average cost function C. C= (b) Find C when x = 1,000 and when x = 10,000. C(1,000) = $ per unit C(10,000) = $ per unit (c) Determine the limit of the average cost function as x approaches infinity. lim C(x) = Interpret the limit in the context of the problem. As more and more units are produced, the average cost per unit (in dollars) will approach $
The cost C (in dollars) of producing x units of a product is C = 1.60x + 9,000. (a) Find the average cost function C. C= (b) Find C when x = 1,000 and when x = 10,000. C(1,000) = $ per unit C(10,000) = $ per unit (c) Determine the limit of the average cost function as x approaches infinity. lim C(x) = Interpret the limit in the context of the problem. As more and more units are produced, the average cost per unit (in dollars) will approach $
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter3: Polynomial And Rational Functions
Section3.6: Rational Functions
Problem 2E
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The cost C (in dollars) of producing x units of a product is
C = 1.60x + 9,000.
(a)
Find the average cost function
C.
C =
(b)
Find
C
when
x = 1,000
and when
x = 10,000.
C(1,000)
=$
C(10,000)
=$
(c)
Determine the limit of the average cost function as x approaches infinity.
lim x→∞ C(x) =
Interpret the limit in the context of the problem.
As more and more units are produced, the average cost per unit (in dollars) will approach $
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