SOLUTION: Classic Furniture Concepts has determined that when x hundred wooden chairs are built, the average cost per chair is given by C(x) = 0.1x2 − 0.7x +1.625, where C(x) is in hun
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Question 889479: Classic Furniture Concepts has determined that when x hundred wooden chairs are built, the average cost per chair is given by C(x) = 0.1x2 − 0.7x +1.625, where C(x) is in hundreds of dollars.
a. How many chairs should be built to minimize the average cost per chair?
b. What is the least average cost per chair?
Answer by MissMath314(1) (Show Source): You can put this solution on YOUR website!
A. –(b)/(2a)=-(-0.7)/(2)(.1)=3.5 350 chairs should be built to minimize the average cost per chair
B. (-b/2a,c(-b/2a))=(3.5,0.4)
$0.4 per chair is the minimum average cost
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