For the given cost function C(x) = 40000 + 300x + x² find: a) The cost at the production level 1650 b) The average cost at the production level 1650 c) The marginal cost at the production level 1650 d) The production level that will minimize the average cost e) The minimal average cost

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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Question 4
For the given cost function
C(x) = 40000 + 300x + x² find:
a) The cost at the production level 1650
b) The average cost at the production level 1650
c) The marginal cost at the production level 1650
d) The production level that will minimize the average cost
e) The minimal average cost
> Next Question
Transcribed Image Text:Question 4 For the given cost function C(x) = 40000 + 300x + x² find: a) The cost at the production level 1650 b) The average cost at the production level 1650 c) The marginal cost at the production level 1650 d) The production level that will minimize the average cost e) The minimal average cost > Next Question
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O Question 4
>
For the given cost function
C(x) = 40000 + 300x + x² find:
a) The cost at the production level 1650 3257500
b) The average cost at the production level 1650 1974.24
c) The marginal cost at the production level 1650 3600
d) The production level that will minimize the average cost
e) The minimal average cost
> Next Question
Transcribed Image Text:O Question 4 > For the given cost function C(x) = 40000 + 300x + x² find: a) The cost at the production level 1650 3257500 b) The average cost at the production level 1650 1974.24 c) The marginal cost at the production level 1650 3600 d) The production level that will minimize the average cost e) The minimal average cost > Next Question
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