Problema Solution
find average cost of C(x)=5.5x + 9300 when 200 items are produced, 2000 items & 5000 items.
Answer provided by our tutors
c(x)=5.5x+9300
In the first case x=200
C(x)=5.5*200+9300
=10400
Average Cost=10400/200
= 53
Now x=2000
C(x)=5.5*2000+9300
=20300
Average Cost=20300/2000
= 10.15
Now x=5000
C(x)=5.5*5000+9300
=36800
Average Cost=36800/5000
= 7.36