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The function C(x) = -5x + 625 represents the cost to produce x items. What is the least number of items that can be produced so that the average cost is no more than $20?

User ImClarky
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Final answer:

To ensure that the average cost per item does not exceed $20, the firm must produce at least 25 items as determined by the cost function C(x) = -5x + 625.

Step-by-step explanation:

The given function C(x) = -5x + 625 represents the cost to produce x items. To find the least number of items that can be produced so that the average cost is no more than $20, we need to set up the average cost equation: average cost = C(x) / x. Thus, we have:

20 ≥ C(x) / x

20 ≥ (-5x + 625) / x

Multiplying both sides by x (assuming x is not zero) and rearranging gives:

20x ≥ -5x + 625

25x ≥ 625

x ≥ 625 / 25

x ≥ 25

Therefore, the firm must produce at least 25 items to ensure that the average cost per item is no more than $20.

User Nikitaeverywhere
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