00:01
Hi, from the question given that, consider the average cost per unit for the production of a certain brand of dvd player is given by average cost c bar of x is equal to 500 plus 60x plus 0 .01x square divided by x where x is the number of unit produced.
00:28
So in part a, we need to find the average cost per unit when 500 units are produced.
00:34
So if x is equal to 500, then we need to find c bar of 500.
00:40
So that is equal to 500 plus 60 times of 500 plus 0 .01 times of 500 the whole square divided by 500.
00:53
So that is equal to 33 ,000 divided by 500 which is equal to 66.
01:03
Hence c bar of 500 that is average cost when the 500 units are produced will be 66.
01:15
Now this is in dollar.
01:19
Now, let us move on to part b.
01:21
So part b we need to find the average cost when 70 units are produced.
01:25
So x is equal to 70.
01:27
So c bar of 70 is equal to 500 plus 60 times of 70 plus 0 .01 times of 70 square divided by 70.
01:42
So c bar of 70 that is average cost when 70 units are produced will be dollar 67 .84.
01:52
Now, let us move on to part c.
01:53
So part c we need to find the average cost when x is equal to 100 that is 100 units are produced.
02:01
So c bar of 100 is equal to 500 plus 60 times of 100 plus 0 .01 times of 100 square divided by 100...