To find: Whether the production level minimizes the average cost or not. If so, what it is?
Answer to Problem 25E
Yes, the production level minimizes the average cost at
Explanation of Solution
Given information:
Concept used: The minimum value of the function
Calculation:
Divide the given function by
Differentiate the obtained function with respect to
Equate the obtained derivative to 0 and solve for
Now, differentiate the equation,
Since
Since
Chapter 4 Solutions
AP CALCULUS TEST PREP-WORKBOOK
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