Question:

A company is planning to manufacture mountain bikes The

Last updated: 8/1/2023

A company is planning to manufacture mountain bikes The

A company is planning to manufacture mountain bikes The fixed monthly cost will be 300 000 and it will cost to produce each bicycle SIXX A Write the cost function C of producing x mountain bikes per month C x B Write the average cost function C of producing x mountain bikes per month C x C Find and interpret C 500 C 1000 C 2000 and C 4000 C 500 Interpret C 500 When bicycles are produced in a month it costs C 1000 Interpret 1000 When bicycles are produced in a month it costs C 2000 Interpret C 2000 When bicycles are produced in a month it costs to produce each bicycle to produce each bicycle to produce each bicycle C 4000 Interpret C 4000 When bicycles are produced in a month it costs to produce each bicycle D What is the horizontal asymptote for the graph of the average cost function C The horizontal asympote is Type an equation Describe what this means in practical terms O A When 300 000 bicycles are produced in a month the cost per bicycle is at a minimum OB When 200 bicycles are produced in a month the cost per bicycle is at a minimum OC The cost per bicycle approaches 200 as more bicycles are produced in a month OD The cost per bicycle approaches 300 000 as more bicycles are produced in a month