Aki's Bicycle Designs has determined that when x hundred bicycles are built, the average cost per bicycle is given by c(x) =0.1x^2 -0.5x+ 9.295. Where C(x) is in hundreds of dollars, how many bicycles should the shop build to minimize the average cost per bicycle?

Question

Thank you for your help

Answer 1

if you graph and find the minimum, you would find the point (2.5, 8.67)
This means that they should sell 250 bikes at the price of $8.67

Answer 2

30

Answer 3

​Aki's Bicycle Designs has determined that when x hundred bicycles are​ built, the average cost per bicycle is given by​ C(x)equals
0.1xsquaredminus1.1xplus4.514
​,
where​ C(x) is in hundreds of dollars. How many bicycles should the shop build to minimize the average cost per​ bicycle?