A sugar refinery can produce x tons of sugar per week at a weekly cost of 0.1x2 + 3x+ 1690 dollars. Find the level of production for which the average cost is at a minimum and determine the average cost and marginal cost at that level of production. The level of production for which the average cost is at a minimum is x= tons.
A sugar refinery can produce x tons of sugar per week at a weekly cost of 0.1x2 + 3x+ 1690 dollars. Find the level of production for which the average cost is at a minimum and determine the average cost and marginal cost at that level of production. The level of production for which the average cost is at a minimum is x= tons.
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
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