Intermediate Algebra for College Students (7th Edition)

Published by Pearson
ISBN 10: 0-13417-894-7
ISBN 13: 978-0-13417-894-3

Chapter 6 - Section 6.7 - Formulas and Applications of Rational Equations - Exercise Set - Page 475: 15

Answer

$50,000$ wheelchairs

Work Step by Step

In the graph we have $x=$ Number of wheel chairs produced per month. $y=$ Average cost per wheelchair for the company. We are given $y=410$. The point on the curve at $y=410$ is $(x,y)=(50,000,410)$. The value of $x$ corresponding to the value of $y$ is $50,000$. Hence, $50,000$ wheelchairs must be produced each month. Check the result using the cost function $\bar{C}(x)=\frac{500,000+400x}{x}$. Substitute $x=50,000$ and calculate $\bar{C}(x)$: $\bar{C}(50,000)=\frac{500,000+400(50,000)}{50,000}$ $=\frac{20,500,000}{50,000}$ $=410\checkmark$
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