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
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Quadratic Equations and Parabolas
-> 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
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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
