For the given cost function C(r) = 14400 + 200x + a² find: %3D a) The cost at the production level 1150 b) The average cost at the production level 1150 c) The marginal cost at the production level1150 d) The production level that will minimize the average cost e) The minimal average cost

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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Plz answer only c, d and e. thanks

 

For the given cost function
= 14400 + 200x + x² find:
%3D
a) The cost at the production level 1150
b) The average cost at the production level1150
c) The marginal cost at the production level 1150
d) The production level that will minimize the average cost
e) The minimal average cost
Transcribed Image Text:For the given cost function = 14400 + 200x + x² find: %3D a) The cost at the production level 1150 b) The average cost at the production level1150 c) The marginal cost at the production level 1150 d) The production level that will minimize the average cost e) The minimal average cost
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