The total cost (in dollars) of manufacturing x auto body frames is C(x) = 80,000 + 300x. (A) Find the average cost per unit if 500 frames are produced. [Hint: Recall that C(x) is the average cost per unit] (B) Find the average value of the cost function over the interval [0,500]. (C) Discuss the difference between parts (A) and (B).
The total cost (in dollars) of manufacturing x auto body frames is C(x) = 80,000 + 300x. (A) Find the average cost per unit if 500 frames are produced. [Hint: Recall that C(x) is the average cost per unit] (B) Find the average value of the cost function over the interval [0,500]. (C) Discuss the difference between parts (A) and (B).
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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For C. Drop down options are 460 and 155,000
![The total cost (in dollars) of manufacturing x auto body frames is C(x) = 80,000+ 300x.
(A) Find the average cost per unit if 500 frames are produced. [Hint: Recall that C(x) is the average cost per unit]
(B) Find the average value of the cost function over the interval [0,500].
(C) Discuss the difference between parts (A) and (B).
(A) The average cost per unit if 500 frames are produced is S
(B) The average value of the cost function is s
(C) S
$
609
is the average cost per unit at a production level of 500 units.
is the average value of the total cost as production increases from 0 to 500 units.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2c4d7c99-5f48-4c5b-a103-ebdb1d00bc36%2Ff128d306-3dd3-48d6-bf90-da2b4d9224f5%2Fjdn3s2t_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The total cost (in dollars) of manufacturing x auto body frames is C(x) = 80,000+ 300x.
(A) Find the average cost per unit if 500 frames are produced. [Hint: Recall that C(x) is the average cost per unit]
(B) Find the average value of the cost function over the interval [0,500].
(C) Discuss the difference between parts (A) and (B).
(A) The average cost per unit if 500 frames are produced is S
(B) The average value of the cost function is s
(C) S
$
609
is the average cost per unit at a production level of 500 units.
is the average value of the total cost as production increases from 0 to 500 units.
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