Answer:
1)The cost of producing 25,000 units is $1. From 25,001 units to 35,000 units the cost lowers to $0.80.
2)
3) The cost is $0.80
4) The company should calculate the marginal cost and make adjustments
5) ___ The plant’s production processes are performed primarily by robots that are able to work longer hours, when needed, at no additional cost.
Step-by-step explanation:
1) The cost for the Wichita Factory is given by the graph of this piecewise function.
The cost of producing 25,000 units is $1. From 25,001 units to 35,000 units the cost lowers to $0.80.
2)
Where x, the Domain is the units and the Range is the cost per unit.
3) Since the cost per unit for 35,000 units fits for the 2nd situation.
The cost is $0.80
4) The company would calculate the marginal cost then know it and adjust its price and to a viable product, and maximize its production.
5)
___ The plant’s production processes are performed primarily by robots that are able to work longer hours, when needed, at no additional cost.
Since there are no additional costs at longer hours, this is one of the reasons why the cost decreases at productions higher than 25,000 units.