Question 2 For the given cost function C(x) = 48400 + 400x + x², First, find the average cost function. Use it to find: a) The production level that will minimize the average cost x = b) The minimal average cost $ Question Help: Video Submit Question
Question 2 For the given cost function C(x) = 48400 + 400x + x², First, find the average cost function. Use it to find: a) The production level that will minimize the average cost x = b) The minimal average cost $ Question Help: Video Submit Question
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter3: Functions
Section3.3: More On Functions; Piecewise-defined Functions
Problem 88E
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Transcribed Image Text:● Question 2
For the given cost function C(x) = 48400 + 400x + x²,
First, find the average cost function. Use it to find:
a) The production level that will minimize the average cost
x =
b) The minimal average cost
$
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