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28 November, 18:44

D7: The monthly cost of producing x electronic components is C (x) = 2.15x+2350. a. Find the monthly average cost function. b. Find the average cost for the production of 100 components. c. What is the domain of the average cost function?

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  1. 28 November, 20:34
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    a) Average cost is total cost divided by the output.

    C (x) = C (x) / x = (2.15x+2350) / x = 2.15 + 2350/x = 2350x^-1 + 2.15

    b) C (100) = 2350 (100) ^-1 + 2.15
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