The total daily cost (in dollars) of producing a mountain bikes is given by C(x)=966+7x+0.12x². The average cost function C (x) decreases until x = c and increases afterwards. If the goal of the company is to make the mountain bike as affordable as possible, they should target the production level of c mountain bikes daily. Find c. Round to 2 decimal places. mountain bikes daily

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter4: Calculating The Derivative
Section4.4: Derivatives Of Exponential Functions
Problem 56E
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The total daily cost (in dollars) of producing a mountain bikes is given by
C(x)=966+7x+0.12x².
The average cost function C (x) decreases until x = c and increases afterwards. If the goal
of the company is to make the mountain bike as affordable as possible, they should target the
production level of c mountain bikes daily.
Find c. Round to 2 decimal places.
mountain bikes daily
Transcribed Image Text:The total daily cost (in dollars) of producing a mountain bikes is given by C(x)=966+7x+0.12x². The average cost function C (x) decreases until x = c and increases afterwards. If the goal of the company is to make the mountain bike as affordable as possible, they should target the production level of c mountain bikes daily. Find c. Round to 2 decimal places. mountain bikes daily
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