a company is planning to manufacture mountain bikes. The fixed monthly cost will be

$ 200,000 and it will cost $300 to produce each bicycle.

A. Write the cost function, C of producing X mountain bikes per month

c(x)=

B. Write the average cost function C, of producing x mountain bikes per month.

C. Find and interpret C(500), C(2000) and C(4000)

mharrigan920 Mar 10, 2020

#1**+1 **

Cost will be fixed costs and costs per unit * units

c(x) == 200 000 + 300x

average will be c(x) /x C = ( 200 000 + 300x )/x = 200 000/x + 300

Plug in 500 and 2000 and 4000 into C to find the average cost will go down as the number of bikes produced is increased.....

ElectricPavlov Mar 10, 2020