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The cost of producing x units of a product is modeled by the following. C = 110 + 45 x 190 ln( x ), x

The cost of producing x units of a product is modeled by the following.

C = 110 + 45x 190 ln(x),x 1

(a) Find the average cost function C.

C =

(b) Find the minimum average cost analytically. Use a graphing utility to confirm your result. (Round your answer to two decimal places.)

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