posted by Esther on .
Aki's Bicycle Designs has determined that when x hundred bicycles are built, the average cost per bicycle is given by c(x) =0.1x^2 -0.5x+ 9.295. Where C(x) is in hundreds of dollars, how many bicycles should the shop build to minimize the average cost per bicycle?
Thank you for your help
if you graph and find the minimum, you would find the point (2.5, 8.67)
This means that they should sell 250 bikes at the price of $8.67