Check Point 9 A company is planning to manufacture wheelchairs that are light, fast, and beautiful. The fixed monthly cost will be $500,000 and it will cost $400 to produce each radically innovative chair. Write the cost function, C, of producing x wheelchairs. Write the average cost function, C ¯ , of producing x wheelchairs. Find and interpret C ¯ ( 1000 ) , C ¯ ( 10 , 000 ) , and C ¯ ( 100 , 000 ) . What is the horizontal asymptote for the graph of the average cost function, C ¯ ? Describe asymptote for the graph of the average cost function, C ¯ ? Describe what this represents for the company.
Check Point 9 A company is planning to manufacture wheelchairs that are light, fast, and beautiful. The fixed monthly cost will be $500,000 and it will cost $400 to produce each radically innovative chair. Write the cost function, C, of producing x wheelchairs. Write the average cost function, C ¯ , of producing x wheelchairs. Find and interpret C ¯ ( 1000 ) , C ¯ ( 10 , 000 ) , and C ¯ ( 100 , 000 ) . What is the horizontal asymptote for the graph of the average cost function, C ¯ ? Describe asymptote for the graph of the average cost function, C ¯ ? Describe what this represents for the company.
Solution Summary: The author calculates the cost function C of producing x wheelchairs if the fixed monthly cost is 500,000 and it costs the amount of
Check Point 9 A company is planning to manufacture wheelchairs that are light, fast, and beautiful. The fixed monthly cost will be $500,000 and it will cost $400 to produce each radically innovative chair.
Write the cost function, C, of producing x wheelchairs.
Write the average cost function,
C
¯
, of producing x wheelchairs.
Find and interpret
C
¯
(
1000
)
,
C
¯
(
10
,
000
)
,
and
C
¯
(
100
,
000
)
.
What is the horizontal asymptote for the graph of the average cost function,
C
¯
? Describe asymptote for the graph of the average cost function,
C
¯
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