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Rate of Change, Marginal Cost & Revenue · Question 79 of 79

Question 79

HardOriginal question

The cost of making xx units is C(x)=2x2+8x+200C(x) = 2x^{2} + 8x + 200 rupees. What is the least possible average cost per unit?

Options for question 79

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. Average cost =2x+8+200x= 2x + 8 + \frac{200}{x}; its derivative 2−200x2=02 - \frac{200}{x^{2}} = 0 at x=10x = 10.

  2. At x=10x = 10: 20+8+20=4820 + 8 + 20 = 48 rupees per unit.

Worth noting

10 is the output where the least average cost occurs, not the cost.

Concept
The least average cost
Typical time
120 s
Your time
—
The rule this testsMaximising profit and revenue
Practise this chapter →

Ten questions from Rate of Change, Marginal Cost & Revenue, at your own pace.

Practise this chapter →

Ten questions from Rate of Change, Marginal Cost & Revenue, at your own pace.