Question 4 ^ > For the given cost function C(x) = 14400+800x + ² find: a) The cost at the production level 1300 b) The average cost at the production level 1300 c) The marginal cost at the production level 1300 d) The production level that will minimize the average cost e) The minimal average cost Question Help: Video Submit Question

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Question 4
For the given cost function
C(x)=14400+800x + ² find:
a) The cost at the production level 1300
b) The average cost at the production level 1300
c) The marginal cost at the production level 1300
d) The production level that will minimize the average cost
e) The minimal average cost
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Transcribed Image Text:Question 4 For the given cost function C(x)=14400+800x + ² find: a) The cost at the production level 1300 b) The average cost at the production level 1300 c) The marginal cost at the production level 1300 d) The production level that will minimize the average cost e) The minimal average cost Question Help: Video Submit Question
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