Let C(x) = 500+70x be the cost to manufacture x times. Find the avarage cost per item to produce 30 items.
A) $244
B) $1330
C) $87
D) $227

Question

Quizplus · Accepted Answer

The average cost per item for producing 30 items is calculated by dividing the total cost by the number of items. The total cost for 30 items is C(30) = 500 + 70(30) = 500 + 2100 = 2600. The average cost per item is 2600 / 30 = $86.67, which rounds to $87.

Let C(x) = 500+70x Be the Cost to Manufacture X