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Question
The cost C for producing x articles is given as C = x3 − 16x2 + 47x. For what values of x, the average cost is decreasing?
Solution:
Given C = x3 − 16x2 + 47x
Average cost `C_A = C/x`
∴ `C_A = square`
Differentiating w.r.t. x, we get
`d/dx (C_A) = square`
We know that CA is decreasing, if
`d/dx (C_A) square 0`
∴ 2x − 16 < 0
∴ 2x < 16
∴ x < `square`
∴ average cost is decreasing for x ∈ (0, 8).
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Solution
Given C = x3 − 16x2 + 47x
Average cost \[C_A=\frac{C}{x}=\frac{x^3-16x^2+47x}{x}\]
∴ CA = \[\boxed{x^2 - 16x + 47}\] \[\]
Differentiating w.r.t. x, we get
\[\frac{d}{dx}(C_A)=\frac{d}{dx}(x^2-16x+47)\]
= 2x − 16 × 1 + 0
= \[\boxed{2x - 16}\]
We know that CA is decreasing, if
\[\frac{d}{dx}(C_A)\boxed{<}\] 0
∴ 2x − 16 < 0
∴ 2x < 16
∴ x < \[\boxed{8}\]
∴ average cost is decreasing for x ∈ (0, 8).
