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For the given cost function C(x) = 22500 + 700x + x² find: a) The cost at the production level 1900 b) The average cost at the production level 1900 c) The marginal cost at the production level 1900 d) The production level that will minimize the average cost e) The minimal average cost Question Help: Video

For the given cost function C(x) = 22500 + 700x + x² find: a) The cost at the production level 1900 b) The average cost at the production level 1900 c) The marginal cost at the production level 1900 d) The production level that will minimize the average cost e) The minimal average cost Question Help: Video

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
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For the given cost function C(x) = 22500 + 700x + x² find: a) The cost at the production level 1900 b) The average cost at the production level 1900 c) The marginal cost at the production level 1900 d) The production level that will minimize the average cost e) The minimal average cost Question Help: = Video
Transcribed Image Text:For the given cost function C(x) = 22500 + 700x + x² find: a) The cost at the production level 1900 b) The average cost at the production level 1900 c) The marginal cost at the production level 1900 d) The production level that will minimize the average cost e) The minimal average cost Question Help: = Video
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