I have this word problem that I've been stuck on... if you could help i would appreciate it!
When x hundred bicycles are built, the cost per bicycle is given by the cost function C(x)=.1x^2 - .7 + 2.425, where C(x) is in hundreds of dollars.
a. How many bicycles should be built to minimize the average cost per bicycle?
b. what is the minimum cost per bicycle?
I dont even know where to start, I tried to get rid of the decimal points and factor it and use the quadratic formula but it doesnt work...
Thanks again,
Samantha
When x hundred bicycles are built, the cost per bicycle is given by the cost function C(x)=.1x^2 - .7 + 2.425, where C(x) is in hundreds of dollars.
a. How many bicycles should be built to minimize the average cost per bicycle?
b. what is the minimum cost per bicycle?
I dont even know where to start, I tried to get rid of the decimal points and factor it and use the quadratic formula but it doesnt work...
Thanks again,
Samantha
