Please I need help with this question A company that produce
Please I need help with this question:
A company that produces bicycles has costs given by the function C(x) = 25x + 20,000, where x is the number of bicycles manufactured and C(x) is measured in dollars. The average cost to manufacture each bicycle is given by
Find C(250). (Round to the nearest dollar, if necessary.) SHOW WORK PLEASE
A) $105
B)$135
C)$30
D)$33
Solution
cost function of manufacturer
C(x)=25x + 20000
fixed cost=$20000
Varriable cost per cycle= $25
Cost for manufacturing 250 cycle= 25*250+20000=6250+20000=26250
Average cost per cycle= total manufacturing cost of 250 cycle/ 250 cycle= 26250/250= $105
C(250)=$105
Answer A is right answer
