Suppose that the cost of producing n pairs of shoes is given by the expression C(n)=30+5n....
Suppose that the cost of producing n pairs of shoes is given by the expression C(n)=30+5n. The average cost of producing a pair of shoes is given by A(n)=C(n)/n. What is the amount n for which the average cost 8?
10, 35, 5, 8, 7
Homework Answers
Average cost is given as 8
Putting it in the formula of average and total cost , we get
8= C(n)/n => 8n=C(n)
Putting this relation in the expression of cost function , we get
C(n)= 30+5n
8n= 30+5n
3n=30
=> n=10
So number of shoes produced is 10.
(You can comment for doubt)
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