Question

The average cost function for the weekly manufacture of retro portable CD players is given by...

The average cost function for the weekly manufacture of retro portable CD players is given by

C(x) = 160,000x−1 + 10 + 0.0001x

dollars per player,

where x is the number of CD players manufactured that week. Weekly production is currently 5,000 players and is increasing at a rate of 300 players per week. What is happening to the average cost? HINT [See Example 3.] (Round your answer to the nearest cent.)

The average cost is ( increasing or decreasing ) at a rate of $_______ per player per week.

Math   Calculus   
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