Question: i need help on how to do this. the answer is 23.20 but im not sure how to get to that-25 A cost function, Cix),

i need help on how to do this. the answer is 23.20 but im not sure how to get to that-25
i need help on how to do this. the answer is 23.20

A cost function, Cix), is given below. Find the average cost per item when the required number of iteros are produced. C(x)=22x+1200, 1000 items What is the average cost per item? $23.20

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!