Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bus service run from city A and city B. It has a cost function estimated by TC=100p_64p2+4p3 Where p indicates the number of passengers per
Bus service run from city A and city B. It has a cost function estimated by TC=100p_64p2+4p3 Where p indicates the number of passengers per day.Find the number of passengers per day that minimizes the average cost??
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started