A business that manufactures small alarm clocks has weekly

Last updated: 7/18/2022

A business that manufactures small alarm clocks has weekly fixed costs of $4000. The average cost per clock for the business to manufacture x clocks is described by 0.6x + 4000/X a. Find the average cost when x= 100, 1000, and 10,000. b. Like all other businesses, the alarm clock manufacturer must make a profit. To do this, each clock must be sold for at least 50c more than what it costs to manufacture. Due to competition from a larger company, the clocks can be sold for $1.50 each and no more. Our small manufacturer can only produce 2000 clocks weekly. Does this business have much of a future? Explain. a. The average cost when x= 100 is $