Average Cost Graph The total daily cost (in dollars) of producing a mountain bikes is given by C(x) = 1,063+4x+0.09x². The average cost function C(x) decreases until x = c and increases afterwards. If the goal of the company is to make the mountain bike as affordable as possible, they should target the production level of c mountain bikes daily. Find c. Round to 2 decimal places. mountain bikes daily

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Average Cost Graph
The total daily cost (in dollars) of producing a mountain bikes is given by
C(x) = 1,063+4x+0.09x².
The average cost function C(x) decreases until x = c and increases afterwards. If the goal of
the company is to make the mountain bike as affordable as possible, they should target the
production level of c mountain bikes daily.
Find c. Round to 2 decimal places.
mountain bikes daily
Transcribed Image Text:Average Cost Graph The total daily cost (in dollars) of producing a mountain bikes is given by C(x) = 1,063+4x+0.09x². The average cost function C(x) decreases until x = c and increases afterwards. If the goal of the company is to make the mountain bike as affordable as possible, they should target the production level of c mountain bikes daily. Find c. Round to 2 decimal places. mountain bikes daily
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