SOLUTION: Aki's bicycle design had determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.5x^2-0.4x+7.064 where C(x) is in hundreds of dollars. Ho

SOLUTION: Aki's bicycle design had determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.5x^2-0.4x+7.064 where C(x) is in hundreds of dollars. Ho

Algebra.Com

Question 329414: Aki's bicycle design had determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.5x^2-0.4x+7.064 where C(x) is in hundreds of dollars. How many bicycles should the shop build to minimize the average cost per bicycle?
Answer by nyc_function(2741) (Show Source): You can put this solution on YOUR website!
C'[x] = x - 0.4
& C"[x] = +1
so setting C'[x] to 0 will give the minimum
x - 0.4 = 0
x = 0.4
Answer: 40 bicycles
RELATED QUESTIONS
Aki�s Bicycle designs has determined that when x hundred bicycles are built, the average... (answered by ikleyn,josmiceli)

Aki's bicycle design had determined that when x hundred bicycles are built, the average... (answered by stanbon)

Aki's Bicycle Designs has determined that when x hundred bicycles are built, the... (answered by ikleyn)

Aki's Bicycle Design has determined that when x hundred bicycles are built, the average... (answered by ccs2011)

Aki's Bicycle Design has determined that when x hundred bicycles are built, the average... (answered by lwsshak3)

Aki's bicycle design has determined that when x hundred bicycles are built, the average... (answered by nerdybill)

Aki's Bicycle Design has determined that when x hundred bicyles are built, the average... (answered by solver91311)

Aki's Bicycle Design has determined that when x hundred bicyles are built, the average... (answered by stanbon)

Aki's Bicycle Design has determined that when x hundred bicyles are built, the average... (answered by matineesuxxx)