Math  /  Algebra

QuestionStuffco Industries makes model airplanes and wants to know their average cost and revenue at a production level of 300 . If their cost function is C(x)=2700+65x+x2C(x)=2700+65 x+x^{2} and their revenue function is R(x)=530xx2R(x)=530 x-x^{2}, what is their average cost and revenue?
Select the correct answer below: Average cost: $274;\$ 274 ; Average Revenue: $530\$ 530. Average cost: $380\$ 380; Average Revenue: $250\$ 250. Average cost: $374\$ 374; Average Revenue: $230\$ 230. Average cost: $112,200;\$ 112,200 ; Average Revenue: $69,000\$ 69,000

Studdy Solution
Compare the calculated averages with the given options.
The correct answer is:
Average cost: $374\$ 374; Average Revenue: $230\$ 230.
The correct answer is:
Average cost: $ 374; Average Revenue: $ 230. \boxed{\text{Average cost: \$ 374; Average Revenue: \$ 230.}}

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