For the given cost functionC(x) = 78400+ 500x + x² find:-a) The cost at the production level 1000b) The average cost at the production level 1000c) The marginal cost at the production level 1000d) The production level that will minimize the averagecoste) The minimal average cost

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College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.1: Quadratic Functions

Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...

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For the given cost function C(x) = 78400 + 500x + x² find: a) The cost at the production level 1000 b) The average cost at the production level 1000 c) The marginal cost at the production level 1000