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The Cost Function for a Certain Model of a Digital C=12.00x+48,450C = 12.00 x + 48,450

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The cost function for a certain model of a digital camera given by C=12.00x+48,450C = 12.00 x + 48,450 , where CC is the cost (in dollars) and xx is the number of cameras produced. Find the average cost per unit when x=100x = 100 . Round your answer to the nearest cent.


Definitions:

USA

A country located in North America, known formally as the United States of America, comprising 50 states, a federal district, five major self-governing territories, and various possessions.

Proprietary Income

Income generated from the ownership of proprietary technology, information, or processes that gives a firm a competitive advantage.

Government-sponsored Businesses

Enterprises that are initiated and sometimes funded by the government but are operated under private ownership or public-private partnership.

Public Utilities

Essential services provided by both government and private sectors including water, electricity, and transportation.

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