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A company is planning to manufacture mountain bikes. The fixed monthly cost will be $300,000 and it will cost $ to produce each bicycle.
A company is planning to manufacture mountain bikes. The fixed monthly cost will be $300,000 and it will cost $ 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(x)= C. Find and interpret (500), C(1000), (2000), and (4000). C(500)= Interpret (500). When bicycles are produced in a month, it costs $ to produce each bicycle. C(1000)= Interpret C(1000). When bicycles are produced in a month, it costs $ to produce each bicycle. C(2000)- Interpret C(2000). When bicycles are produced in a month, it costs $ to produce each bicycle. C(4000)- Interpret C(4000). When bicycles are produced in a month, it costs $ to produce each bicycle. D. What is the horizontal asymptote for the graph of the average cost function, C? The horizontal asympote is (Type an equation.) Describe what this means in practical terms. A. When 300,000 bicycles are produced in a month, the cost per bicycle is at a minimum. B. When 200 bicycles are produced in a month, the cost per bicycle is at a minimum. C. The cost per bicycle approaches $200 as more bicycles are produced in a month. D. The cost per bicycle approaches $300,000 as more bicycles are produced in a month.
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