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The total cost of manufacturing x articles C = 47x + 300x2 – x4 . Find x, for which average cost is decreasing - Mathematics and Statistics

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Question

The total cost of manufacturing x articles C = 47x + 300x2 – x4 . Find x, for which average cost is decreasing

Sum
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Solution

Given, total cost function is

C = 47x + 300x2 – x4 

Average cost CA = `"C"/"A"`

∴ CA = `(47 x + 300x^2 - x^4)/x`

= `(x(47 + 300x - x^3))/x`

∴ CA = 47 + 300x – x3

∴ `"dC"_"A"/"dx"` = 0 + 300x – 3x3

= 300x – 3x3

= 3(100 – x2)

Since average cost CA is a decreasing function `"dC"_"A"/"dx" < 0`

∴ 3(100 – x2) < 0

∴ 100 – x< 0

∴ 100 < x2 

∴ x2 > 100

∴ x > 10 or x < – 10

But x < – 10 is not possible    .....[∵ x > 0]

∴  x > 10   

∴ The average cost CA is decreasing for x > 10.

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Chapter 1.4: Applications of Derivatives - Q.4

APPEARS IN

SCERT Maharashtra Mathematics and Statistics (Commerce) [English] 12 Standard HSC
Chapter 1.4 Applications of Derivatives
Q.4 | Q 8. (ii)
Balbharati Mathematics and Statistics 1 (Commerce) [English] Standard 12 Maharashtra State Board
Chapter 4 Applications of Derivatives
Exercise 4.4 | Q 6.2 | Page 112

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