If the average cost per unit C(x) to produce x units of plywood is given by C(x)= 1200/x+40, What it the unit cost for 800 units? How much do 800 units cost in all?

1 answer

To find the unit cost for 800 units, plug in x=800 into the equation for C(x):

C(800) = 1200/800 + 40

C(800) = 1.5 + 40

C(800) = $41.50

So the unit cost for 800 units is $41.50.

To find the total cost for 800 units, multiply the unit cost by the number of units:

Total cost = 800 * $41.50 = $33,200

So 800 units cost $33,200 in total.