Average Cost Graph The total daily cost (in dollars) of producing a mountain bikes is given by C(x)=1,000+6x+0.11 x². The average cost function C (a) 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
Average Cost Graph The total daily cost (in dollars) of producing a mountain bikes is given by C(x)=1,000+6x+0.11 x². The average cost function C (a) 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
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Average Cost Graph
The total daily cost (in dollars) of producing a mountain bikes is given by
C(x)=1,000+6x+0.11 x².
The average cost function C (a) 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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