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
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Chapter2: Second-order Linear Odes
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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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