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Algebra
Question

A company manufactures and sells handbags. It cost...

A company manufactures and sells handbags. It costs \( \$ 10.00 \) to produce one handbag. The company's monthly operation cost is approximately \( \$ 150,000.00 \) . The average cost, in dollars, of one handbag can be modeled by this function:

\(\overline { C } ( x ) = \frac { 10 x + 150000 } { x }\)

where \( x \) is the number of handbags manufactured. 

Use graphing technology to solve the following problems. Round your answers to whole numbers if needed.  

1) If the company manufactured \( 4000 \) handbags in a certain month, what was the average cost of one handbag in that month? 

2) If the average cost of one handbag was \( \$ 110.00 \) in a certain month, how many handbags did the company manufacture in that month? 

3) What value is the average cost approaching as the company manufactures more and more handbags each month? 

Answer

1)$ 47.5

2) 1500

3) 10

Solution
View full explanation on CameraMath App.