Suppose that the dollar cost of producing x radios is c(x)=600+30x-0.2x^2 Find the average cost per radio of producing the first 50 radios.
Added by Nyree T.
Step 1
To do this, we substitute x = 50 into the cost function c(x): c(50) = 600 + 30(50) - 0.2(50)^2 = 600 + 1500 - 0.2(2500) = 600 + 1500 - 500 = 1600 So, the cost of producing the first 50 radios is $1600. Show more…
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