For the given cost function C(x) = 14400 + 300x + x²,

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter3: Functions
Section3.3: More On Functions; Piecewise-defined Functions
Problem 88E
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For the given cost function C'(x) = 14400 + 300x + x²,
First, find the average cost function. Use it to find:
a) The production level that will minimize the average cost
X =
b) The minimal average cost
S
Transcribed Image Text:For the given cost function C'(x) = 14400 + 300x + x², First, find the average cost function. Use it to find: a) The production level that will minimize the average cost X = b) The minimal average cost S
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