Question
Given that x represents how many bundles of widgets you make each day. You have a cost equation of C(x) = 3x 3 -4x 2
Given that x represents how many bundles of widgets you make each day.
You have a cost equation of C(x) = 3x3-4x2+12x-20
The marginal cost is the derivative of the cost equation. Find the number of bundles of widgets per day that will minimize the marginal cost. (Enter answer as a fraction).
X=_____
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
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