An accessories company finds that the cost, in dollars, of producing x belts is given by $C(x) = 750 + 40x - 0.063x^2$. Find the rate at which average cost is changing when 177 belts have been produced. First, find the rate at which the average cost is changing when x belts have been produced. $\bar{C}'(x) = \frac{750}{x^2} - 0.063$ When 177 belts have been produced, the average cost is changing at dollars per belt for each additional belt. (Round to four decimal places as needed.)
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This is represented by the equation: 750 Cx = -0.063 Show more…
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