Average Cost Suppose that the daily cost C of manufacturing bicycles is given by C(x) = 80x
Question:
How many bicycles must be produced each day for the average cost to be no more than $100?
Transcribed Image Text:
80x + 5000 C(x)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (12 reviews)
We need to solve Cx 100 The zeros and values where the expression is undefined are x 0 and x 2...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Average Cost See Problem 71. Suppose that the government imposes a $1000 per day tax on the bicycle manufacturer so that the daily cost C of manufacturing x bicycles is now given by C(x) = 80x +...
-
Suppose that the daily closing price of stock goes up an eighth of a point with probability p and down an eighth of a point with probability q, where p > q. After n days how much gain can we expect...
-
The Miller-Orr model in finance addresses the problem of managing its cash position by purchasing or selling securities at a transaction cost in order to lower or raise its cash position. That is,...
-
1. Explain the Theories of leadership 2. Research -In modern times give 1 example as to which business leader in the hospitality industry has made a mark and why.?
-
Chris Koplinski has prepared the following list of statements about managerial accounting and financial accounting. 1. Financial accounting focuses on providing information to internal users. 2....
-
In a steam power plant 1 MW is added in the boiler, 0.58 MW is taken out in the condenser and the pump work is 0.02 MW. Find the plant thermal efficiency. If everything could be reversed find the...
-
Give an example of a skill you might have learned informally at any point in your life.
-
An investor is thinking about buying some shares of Razortronics, Inc., at $75 a share. She expects the price of the stock to raise to $115 a share over the next three years. During that time, she...
-
To receive benefits under a state workers compensation law an employee injures on the job must promptly sue the employer?
-
1. What are the rules for discharge for off-duty conduct? 2. Explain the term nexus as used in labor arbitration? 3. Does equal treatment have any bearing on the outcome of this decision? 4. What is...
-
In problem, each polynomial function has exactly one positive zero. Approximate the zero correct to two decimal places. f(x) = x 3 - x 2
-
In problem, find bounds on the real zeros of each polynomial function. f(x) = x 4 - x 3 + x - 1
-
Explain the business benefits associated with successful software development.
-
do you agree wih this approach to dismantling the toxic culture? explain
-
Movies When randomly selecting a speaking character in a movie, the probability of getting a female is 0.331 (based on data from "Inequality in 1200 Popular Films," by Smith, et al., Annenberg...
-
Steve Reese is a well-known interior designer in Fort Worth, Texas. He wants to start his own business and convinces Rob O'Donnell, a local merchant, to contribute the capital to form a partnership....
-
Exercise 6-10A (Algo) Double-declining-balance and units-of-production depreciation: gain or loss on disposal LO 6-3, 6-4, 6-5 Exact Photo Service purchased a new color printer at the beginning of...
-
Independent Events Again assume that when randomly selecting a speaking character in a movie, the probability of getting a female is 0.331, as in Exercise 1. If we want to find the probability of 20...
-
Describe the U.S. Sentencing Commission Guidelines for Organizations, and explain how they both encourage ethical behavior and punish unethical behavior by businesses.
-
Identify the source of funds within Micro Credit? How does this differ from traditional sources of financing? What internal and external governance mechanisms are in place in Micro Credit?
-
(a) Solve f(x) = 3. What point is on the graph of f? (b) Solve g(x) = 4. What point is on the graph of g? (c) Solve f(x) = g(x). Do the graphs of f and g intersect? If so, where? (d) Solve (f + g)...
-
(a) Solve f(x) = 2. What point is on the graph of f? (b) Solve g(x) = 3. What point is on the graph of g? (c) Solve f(x) = g(x). Do the graphs of f and g intersect? If so, where? (d) Solve (f + g)...
-
In Problems 7388, use the given function f. (a) Find the domain of f (d) Find f, the inverse of f (b) Graph f (c) From the graph, determine the range and any asymptotes of f (e) Find the domain and...
-
XF Ltd. Is an expanding private company in the electric trade. Accounts preparing in January 2019 included the following information: Profit Statement for the year ended 31 st December 2018 Kshs.000...
-
Check On June 15, 2021, Sanderson Construction entered into a long-term construction contract to build a baseball stadium in Washington D.C., for $340 million. The expected completion date is April...
-
Q.1 Bassem Company purchased OMR420,000 in merchandise on account during the month of April, and merchandise costing OMR $350,000 was sold on account for OMR 425,000. Required: 1. Prepare journal...
Study smarter with the SolutionInn App