The function \( f(x) \) represents the cost per unit of production for a manufacturer based on the number of units produced in a day, \( x \). When the production is between 0 and 30,000 units, the cost per unit is $1.50. However, if the production increases to anywhere between 30,000 and 45,000 units, the cost per unit decreases to $0.85. This indicates that higher production volumes lead to economies of scale, resulting in reduced costs per unit within the specified range.
A manufacturer's costs per unit of production is based on the following function. In the function, x is the number of units produced in a day and f(x) is the cost in dollars per unit of production. f(x)=beginarrayl 1.50,0 <30,000 0.85,30,000≤ x≤ 45,000endarray. Select the paragraph that correctly interprets the function. (1 point)
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