A company's cost in dollars to produce 'n' shoes is given by C(n)=5500+50n+0.75n^2 A. Assume that revenue is proportional to the number of shoes produced. What is the total profit formula? B. At what production level is the average cost per shoe lowest?
A company's cost in dollars to produce 'n' shoes is given by C(n)=5500+50n+0.75n^2 A. Assume that revenue is proportional to the number of shoes produced. What is the total profit formula? B. At what production level is the average cost per shoe lowest?
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter8: Introduction To Functions
Section8.10: Inverse Variation
Problem 3ST
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A company's cost in dollars to produce 'n' shoes is given by
C(n)=5500+50n+0.75n^2
A. Assume that revenue is proportional to the number of shoes produced. What is the total profit formula?
B. At what production level is the average cost per shoe lowest?
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