Solve
-The Average Cost Per Tape, in Dollars, for a Company

question 57

Multiple Choice

Solve.
-The average cost per tape, in dollars, for a company to produce x sports videotapes is given by the function $$A ( x ) = \frac { 14 x + 80 } { x } \text { for } x > 0$$
Graph the function on the interval $( 0 , \infty )$ and complete the following:
$$\mathrm { A } ( \mathrm { x } ) \rightarrowــــــــــ \quad \text { as } \mathrm { x } \rightarrow \infty \text {. }$$

• A) \(\mathrm { A } ( \mathrm { x } ) \rightarrow 1\) as \(\mathrm { x } \rightarrow \infty\).
• B) \(\mathrm { A } ( \mathrm { x } ) \rightarrow 0\) as \(\mathrm { x } \rightarrow \infty .\)
• C) \(\mathrm { A } ( \mathrm { x } ) \rightarrow 19\) as \(\mathrm { x } \rightarrow \infty .\)
• D) \(\mathrm { A } ( \mathrm { x } ) \rightarrow 14\) as \(\mathrm { x } \rightarrow \infty\).

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Definitions:

Sale Agreement

A formal document that outlines the terms and conditions under which a seller agrees to sell and a buyer agrees to buy certain goods or property.

Intoxicated Persons

Intoxicated Persons are individuals whose mental and physical faculties are impaired due to the consumption of alcohol or drugs.

Fair Market Value

The price a willing buyer would pay a willing seller for property in an open and competitive market, where both parties have reasonable knowledge of the relevant facts.

Contract Validity

The legal enforceability of a contract, requiring it to meet certain established criteria like mutual consent, consideration, and legality of purpose.