Math Problem Statement
business that produces color copies is trying to minimize its average cost per copy (total cost divided by the number of copies). This average cost in cents is given by f(x)equals0.00000093x Superscript 2minus0.0138xplus60, where x represents the total number of copies produced. (a) Describe the graph of f. (b) Find the minimum average cost per copy and the corresponding number of copies made. Question content area bottom Part 1 (a) Describe the graph of f. Choose the correct answer below. A. a parabola that opens upward Your answer is correct.B. a parabola that opens downward C. a straight line Part 2 (b) The number of copies made at the minimum cost is enter your response here.
Solution
Let's address each part of the problem systematically:
Part 1: Describe the graph of
The function is a quadratic equation in the form , where , , and .
- Since the coefficient of (i.e., ) is positive, the parabola opens upward.
- This means the function has a minimum point (vertex) rather than a maximum.
Thus, the correct answer is: A. A parabola that opens upward
Part 2: Find the minimum average cost per copy and the corresponding number of copies made
To find the minimum point of the quadratic function, we need to find the vertex of the parabola. The -coordinate of the vertex for a quadratic function is given by the formula:
Substitute and :
Thus, the number of copies that minimize the average cost is approximately 7,419 copies.
Now, to find the minimum average cost, substitute into the original function:
Thus, the minimum average cost per copy is approximately 51.93 cents when producing 7,419 copies.
Summary:
- (a) The graph is a parabola that opens upward.
- (b) The minimum average cost per copy is 51.93 cents, and it occurs when 7,419 copies are made.
Do you have any questions, or would you like further details on any step?
Here are 5 related questions to explore further:
- What would happen to the minimum cost if the coefficient of increased?
- How would the cost function change if the linear term had a different sign?
- What is the effect of producing more than the number of copies at minimum cost?
- How can we interpret the -intercept of the function ?
- How can we use the derivative to confirm the minimum point for this quadratic function?
Tip: The vertex formula is a quick way to find extrema (minimum/maximum points) in quadratic functions without completing the square.
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Math Problem Analysis
Mathematical Concepts
Quadratic Functions
Parabolas
Cost Optimization
Formulas
f(x) = 0.00000093x^2 - 0.0138x + 60
Vertex formula: x = -b / 2a
Theorems
Quadratic Formula
Suitable Grade Level
Grades 10-12
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