The DeWitt Company has found that the rate of change of its average cost for product is C'(x)=(1/4)-(100/x^2) where x is the number of units and cost is in dollars. The average cost of producing 20 units is $40.00. (a) Find the average cost function for the product. (b) Find the average cost of 50 units of the product.
The DeWitt Company has found that the rate of change of its average cost for product is C'(x)=(1/4)-(100/x^2) where x is the number of units and cost is in dollars. The average cost of producing 20 units is $40.00. (a) Find the average cost function for the product. (b) Find the average cost of 50 units of the product.
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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The DeWitt Company has found that the rate of change of its average cost for product is C'(x)=(1/4)-(100/x^2)
where x is the number of units and cost is in dollars. The average cost of producing 20 units is $40.00.
(a) Find the average cost function for the product.
(b) Find the average cost of 50 units of the product.
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