The daily cost function for producing x printers for home computers was determined to be C(x) = x² +8x+ 6000. C(x) The average cost per printer at a production level of x printers per day is C(x) = a) Find the average cost function. b) Sketch a graph of the average cost function for 25

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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The daily cost function for producing x printers for home computers was determined to
be
C(x) = x2 +8x+ 6000.
The average cost per printer at a production level of x printers per day is C(x) =
C(x)
a) Find the average cost function.
b) Sketch a graph of the average cost function for 25 <x<150.
c) At what production level is the daily average cost at a minimum? What is that
minimum value?
Transcribed Image Text:The daily cost function for producing x printers for home computers was determined to be C(x) = x2 +8x+ 6000. The average cost per printer at a production level of x printers per day is C(x) = C(x) a) Find the average cost function. b) Sketch a graph of the average cost function for 25 <x<150. c) At what production level is the daily average cost at a minimum? What is that minimum value?
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