The inventor of a new game believes that the variable cost for producing the game is $0.95 per unit and the fixed costs are $4,700. The inventor sells each game for $1.99. Let x be the number of games produced. (a) The total cost for a business is the sum of the variable cost and the fixed costs. Write the total cost C as a function of the number of games produced. C- (b) Write the average cost per unit C- as a function of x.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Functions And Their Graphs
Section2.2: Functions
Problem 68E: Average Cost The inventor of a new game believes that the variable cost for producing the game is...
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Average cost per unit
The inventor of a new game believes that the variable cost for producing the game is $0.95 per unit and the fixed costs are $4,700. The
inventor sells each game for $1.99. Let x be the number of games produced.
(a) The total cost for a business is the sum of the variable cost and the fixed costs. Write the total cost C as a function of the number of
games produced.
C-
(b) Write the average cost per unit C- as a function of x.
Transcribed Image Text:The inventor of a new game believes that the variable cost for producing the game is $0.95 per unit and the fixed costs are $4,700. The inventor sells each game for $1.99. Let x be the number of games produced. (a) The total cost for a business is the sum of the variable cost and the fixed costs. Write the total cost C as a function of the number of games produced. C- (b) Write the average cost per unit C- as a function of x.
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