Cost, revenue, and profit are in dollars and x is the number of units. The average cost of a product changes at the rate C'(x)=-8x²+1 and the average cost of 8 units is $11.00. (a) Find the average cost function. C(x) = (b) Find the average cost of 13 units. (Round your answer to the nearest cent.)

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter8: Rational Expressions And Equations
Section8.9: Use Direct And Inverse Variation
Problem 8.181TI: A car’s value varies inversely with its age. Elena bought a two-year-old car for $20,000. a. Write...
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Cost, revenue, and profit are in dollars and x is the number of units.
The average cost of a product changes at the rate
1
C'(x) = -8x-2 +
and the average cost of 8 units is $11.00.
(a) Find the average cost function.
C(x)
(b) Find the average cost of 13 units. (Round your answer to the nearest cent.)
Transcribed Image Text:Cost, revenue, and profit are in dollars and x is the number of units. The average cost of a product changes at the rate 1 C'(x) = -8x-2 + and the average cost of 8 units is $11.00. (a) Find the average cost function. C(x) (b) Find the average cost of 13 units. (Round your answer to the nearest cent.)
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