Explanation Given: q 5 6 7 8 9 10 C ( q ) 89 100 112 128 145 164 M C ( q ) 10 12 14 16 18 20 Calculation: Average of cost = C ( q ) q For each value of q to find average cost using above formula To determine (b) To find the value q at average cost critical. To determine (c) The critical value of average cost is local maximum /minimum or neither.

6th Edition

ISBN: 9781119399322

Author: Hughes-Hallett

Publisher: WILEY

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Question

Chapter 4.5, Problem 13P

To determine

(a)

To find the average cost of given table.

To determine

(b)

To find the value q at average cost critical.

To determine

(c)

The critical value of average cost is local maximum/minimum or neither.

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Chapter 4.5, Problem 12P

Chapter 4.5, Problem 14P

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Chapter 4 Solutions

APPLIED CALCULUS (WILEY PLUS)

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(a) To find the average cost of given table.

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(a) To find the average cost of given table.

(b) To find the value q at average cost critical.

(c) The critical value of average cost is local maximum/minimum or neither.

Want to see the full answer?

Chapter 4 Solutions

(a)

To find the average cost of given table.

(b)

To find the value q at average cost critical.

(c)

The critical value of average cost is local maximum/minimum or neither.