The total daily cost (in dollars) of producing a mountain bikes is given by C(x)=966+7x+0.12x². The average cost function C (x) 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

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter6: Exponential And Logarithmic Functions
Section6.7: Exponential And Logarithmic Models
Problem 14TI: The half-life of plutonium-244 is 80,000,000 years. Find function gives the amount of carbon-14...
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The total daily cost (in dollars) of producing a mountain bikes is given by
C(x)=966+7x+0.12x².
The average cost function C (x) 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
Transcribed Image Text:The total daily cost (in dollars) of producing a mountain bikes is given by C(x)=966+7x+0.12x². The average cost function C (x) 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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