Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the given cost function C(x)=78400+200x+x^2 find: a) The cost at the production level 1650_________________ b) The average cost at the production level 1650____________________ c)

For the given cost function C(x)=78400+200x+x^2

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__________________________

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Big Ideas Math A Common Core Curriculum Blue

Authors: Ron Larson, Laurie Boswell

1st Edition

1608402282, 978-1608402281

More Books

Students also viewed these Mathematics questions