Solve the Problem $y = \frac { 23,000 + 250 x } { x }$

question 328

Multiple Choice

Solve the problem.
-The formula $y = \frac { 23,000 + 250 x } { x }$ models the average cost per unit, $y$ , for Electrostuff to manufacture $x$ units
of Electrogadget IV. How many units must the company produce to have an average cost per unit of $\$ 390$ ?

• A) 164 units
• B) 166 units
• C) 179 units
• D) 92 units

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Definitions:

Empirical Investigation

A research method that relies on direct or indirect observation and experience to gather knowledge or conclusions.

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The process of having a third party check and confirm the accuracy or validity of findings or data to ensure objectivity and reliability.

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A method in statistics used to determine whether there is enough evidence to reject a null hypothesis about a population parameter.

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