What is the cost of producing the 100th bicycle

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Reference no: EM131175618

The cost, in dollars, of producing x bicycles is given by C(x) = 60 + 10x + 1000/x (x 10)

(a) What does it cost to produce:

(i) 99;

(ii) 100 bicycles?

(b) What is the cost of producing the 100th bicycle?

(i) Find it exactly;

(ii) Use the derivative to find it approximately.

(d) What is the average cost per bicycle when producing the 100 bicycles?

Reference no: EM131175618

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