Question: Suppose the average costs of a mining operation depend on the number of machines used, and average costs, in dollars, are given by Where x

Suppose the average costs of a mining operation depend on the number of machines used, and average costs, in dollars, are given by

Where x is the number of machines used.
(a) Find the critical values of C(x) that lie in the domain of the problem.
(b) Over what interval in the domain do average costs decrease?
(c) Over what interval in the domain do average costs increase?
(d) How many machines give minimum average costs?
(e) What is the minimum average cost?

1,278,900 C(x) = 2900x +

Step by Step Solution

★★★★★

3.37 Rating (163 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a has the value 0 for x 21 For the given domain the ... View full answer

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

1386-M-C-L-A-D(4039).docx

120 KBs Word File

Students Have Also Explored These Related Calculus Questions!

Suppose that the number of units of a good produced, z, is given by z = 20xy, where x is the number of machines working properly and y is the average number of work-hours per machine. Find the...

Suppose that the average cost, in dollars, of producing a shipment of a certain product is Where x is the number of machines used in the production process. (a) Find the critical values of this...

Suppose that you are employed as a data mining consultant for an Internet search engine company. Describe how data mining can help the company by giving specific examples of how techniques, such as...

Hi, kindly help me to answer below questions 3 and 5. Thanks! QUESTION 3 a) Find derivatives of the following functions i. Find ifs = (7+9)(#-9). (2.5 marks) ii. Find - if R(x) = 70x' +71x 2x + 2...

12. [-/5 Points] DETAILS HARMATHAP12 10.1.054. 0/15 Submissions Used Suppose the average costs of a mining operation depend on the number of machines used, and average costs, In dollars, are given by...

Suppose the average costs of a mining operation depend on the number of machines used, and average costs, in dollars, are given by C(x) = 2800x + 1,750,000 x , x > 0, where x is the number of...

9. [1/3 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 9.6.038. The revenue in dollars from the sale of x units of a product is represented by the following formula. (Round your answers to the nearest...

this report from the Brookings Institute: West, D.M. (2015). What happens if robots take the jobs? The impact of emerging technologies on employment and public policy.Center for Technology Innovation...

Your Challenge The Scenario You are a top-notch team of compensation professionals employed at a leading compensation consulting firm. Your team is so highly respected that two of your companys major...

An investor wants to invest $300,000 in a portfolio of three mutual funds. The annual fund returns are normally distributed with a mean of 2.00% and standard deviation of 0.30% for the short-term...

It is known that a telemarketer makes a sale with probability 0.6. assuming calls are independent, determine the probability that the telemarketer makes the second sale (a) On the fifth call (b) By...

Answer this On the 1 0 4 0 form 1 a is total amount from forms w - 2 box 1 . 1 b is house hold employee wages not reported on forms W - 2 . 1 c tip income not reported on line 1 a . 1 d is medicaid...

7. Explain how the recognition that macroeconomic policymaking is an inexact science affects your recommended policy response to the following situations: LO 12.4 HARD a)Your estimate of the natural...

Find all solutions of the equation correct to two decimal places. 21. x' - 9x? - 4 = 0 23. x = sin x 22. x' = 4x - I

We saw in Example 9 that the equation cos x = x has exactly one solution. (a) Use a graph to show that the equation cos x = 0.3x has three solutions and find their values correct to two decimal...

Use graphs to determine which of the functions f(x) = 10x2 and g(x) = x3/10 is eventually larger (that is, larger when is very large).

A project has an initial cost of $6,900. The cash inflows are $850, $2,400, $3,100, and $4,100 over the next four years, respectively. What is the payback period? Simple Interest = PV + PVrt FV =...

Mini-Case: Lauren, age 65 believes that her Old Age Security (OAS) pension will be subject to clawback. She is trying to understand what it means. The maximum monthly OAS pension in 2022 is $685.50....

please answer this question with work shown 4. An investment is expected to yield $700 in three years, $900 in five years, and $1100 in seven years. What is the present value of this investment if...