The DeWitt Company has found that the rate of change of its average cost for a product is 100 C (x) : x2 where x is the number of units and cost is in dollars. The average cost of producing 4 units is $56.00. (a) Find the average cost function for the product. (b) Find the average cost of 60 units of the product. (Round your answer to two decimal places.) 2$

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter4: Rational Functions And Conics
Section4.2: Graphs Of Rational Functions
Problem 88E
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The DeWitt Company has found that the rate of change of its average cost for a product is
100
C (x) :
x2
where x is the number of units and cost is in dollars. The average cost of producing 4 units is $56.00.
(a) Find the average cost function for the product.
(b) Find the average cost of 60 units of the product. (Round your answer to two decimal places.)
2$
Transcribed Image Text:The DeWitt Company has found that the rate of change of its average cost for a product is 100 C (x) : x2 where x is the number of units and cost is in dollars. The average cost of producing 4 units is $56.00. (a) Find the average cost function for the product. (b) Find the average cost of 60 units of the product. (Round your answer to two decimal places.) 2$
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