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A company is planning to manufacture snowboards. The fixed costs are$ 413 $ 413 per day and the total costs are$ 6986 $ 6986 per
A company is planning to manufacture snowboards. The fixed costs are$
413
$
413
per day and the total costs are$
6986
$
6986
per day at a daily output of15
15
boards.
A) Assuming that the total cost per day,C
(
x
)
C
(
x
)
, is linearly related to the total output per day,x
x
, write an equation for the cost function.
C
(
x
)
=
C
(
x
)
=
(Round all values to four decimal places as needed.)
B) Find the average cost function,
C
(
x
)
C
(
x
)
.
C
(
x
)
=
C
(
x
)
=
C) Find the following limit.
lim
x
C
(
x
)
=
lim
x
C
(
x
)
=
D) As snowboard production increases the average cost per board approaches$
$
.
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