Driving Costs A study of driving costs based on 2012 medium-sized sedans found that the average cost (car payments, gas, insurance, upkeep, and depreciation) in cents per mile is approximately C ( x ) = 19105 x 1.72 + 42.9 (5 ≤ x ≤ 20) where x (in thousands) denotes the number of miles the car is driven each year. Show that the graph of C is concave upward on the interval (5, 20). What does your result tell you about the average cost of driving a 2012 medium-sized sedan in terms of the number of miles driven? Source: American Automobile Association.
Driving Costs A study of driving costs based on 2012 medium-sized sedans found that the average cost (car payments, gas, insurance, upkeep, and depreciation) in cents per mile is approximately C ( x ) = 19105 x 1.72 + 42.9 (5 ≤ x ≤ 20) where x (in thousands) denotes the number of miles the car is driven each year. Show that the graph of C is concave upward on the interval (5, 20). What does your result tell you about the average cost of driving a 2012 medium-sized sedan in terms of the number of miles driven? Source: American Automobile Association.
Solution Summary: The author explains that the graph of C is concave upward in the interval (5,20) and interpretation of the result.
Driving Costs A study of driving costs based on 2012 medium-sized sedans found that the average cost (car payments, gas, insurance, upkeep, and depreciation) in cents per mile is approximately
C
(
x
)
=
19105
x
1.72
+
42.9
(5 ≤ x ≤ 20)
where x (in thousands) denotes the number of miles the car is driven each year. Show that the graph of C is concave upward on the interval (5, 20). What does your result tell you about the average cost of driving a 2012 medium-sized sedan in terms of the number of miles driven?
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