Consider the following. C = x3 - 6x2 + 13x Use the cost function to find the production level at which the average cost is a minimum. %3D For this production level, show that the marginal cost and average cost are equal. Use a graphing utility to graph the average cost function and verify your results. marginal cost average cost $

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Consider the following.
C = x3 - 6x2 + 13x
Use the cost function to find the production level at which the average cost is a minimum.
%3D
For this production level, show that the marginal cost and average cost are equal. Use a graphing utility to graph the average cost function and verify your results.
marginal cost
$
average cost
$
Transcribed Image Text:Consider the following. C = x3 - 6x2 + 13x Use the cost function to find the production level at which the average cost is a minimum. %3D For this production level, show that the marginal cost and average cost are equal. Use a graphing utility to graph the average cost function and verify your results. marginal cost $ average cost $
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