In Exercises 69 through 72, the cost C(x) of producing x units of a particular commodity is

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In Exercises 69 through 72, the cost C(x) of producing x units of a particular commodity is given. In each case:

(a) Find the marginal cost C'(x).

(b) Determine the level of production x for which the average cost

is minimized.

C(x) = 100e^0.01x

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Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

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Question Posted: Jun 20, 2023 05:25 AM

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In Exercises 69 through 72, the cost C(x) of producing x units of a particular commodity is

Question:

A(x) = C(x) X

Step by Step Answer:

a b Ax 0 when x 100 f...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

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