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An electric bike manufacturer has determined that the average cost to produce x bicycles is given by: C(x) = .04x - 16x + 2400 a)

An electric bike manufacturer has determined that the average cost to produce x bicycles is given by: C(x) = .04x - 16x + 2400 a) Find the level of production that will yield the minimum average cost: X = b) What is the minimum average cost? Min C = $

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