document.write( "Question 1177138: Ace’s Bicycle Designs has found that when x hundred bicycles are built, the average cost per bicycle is given by C(x) = 0.1x^2 - 0.7x + 2.425 where C(x) is in hundreds of dollars. How many bicycles should be built in order to minimize the average cost per bicycle? What is the minimum cost per bicycle?
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Algebra.Com's Answer #805414 by Solver92311(821) You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Average cost is the cost function divided by \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Set the first derivative equal to zero and solve for \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Once you have the minimum quantity, evaluate the cost function for that quantity. \r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " \r\n" ); document.write( "\n" ); document.write( "From \n" ); document.write( "I > Ø \n" ); document.write( " |