For the given cost function C(2) = 62500 + 500x + x² find: %3D a) The cost at the production level 1700 3802500 b) The average cost at the production level 1700 3802500 1700 c) The marginal cost at the production level 1700 3900 d) The production level that will minimize the average cost e) The minimal average cost
Percentage
A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.
Algebraic Expressions
In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.
Numbers
Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.
Subtraction
Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.
Addition
Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.
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