The average cost C of producing a machine is partly constant and partly varies inversely as the number of machine produced n. If 25 machine are produced, the average cost is $30,000. The average cost becomes $25,000 when 45 machine are produced. (a) Express C in terms of n.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
The average cost C of producing a machine is partly constant and partly varies inversely as
the number of machine produced n. If 25 machine are produced, the average cost is $30,000.
The average cost becomes $25,000 when 45 machine are produced.
(a) Express C in terms of n.
(b) How many machine are produced if the cost of each machine is $24,375?
(c) How many machine would be produced if the average production cost is reduced to
$20,625?
Transcribed Image Text:The average cost C of producing a machine is partly constant and partly varies inversely as the number of machine produced n. If 25 machine are produced, the average cost is $30,000. The average cost becomes $25,000 when 45 machine are produced. (a) Express C in terms of n. (b) How many machine are produced if the cost of each machine is $24,375? (c) How many machine would be produced if the average production cost is reduced to $20,625?
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman