Computing minimizing average costs

Reference no: EM13117326

A bicycle manufacturer has determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x) = 0.1x^2- 0.7 x + 2.425, where C(x) is in hundreds of dollars. How many bicycles should be built in order to minimize the average cost per bicycle?

Reference no: EM13117326

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