For the given cost function C(x) = 52900 + 400x + x find: a) The cost at the production level 1650 b) The average cost at the production level 1650 c) The marginal cost at the production level 1650 d) The production level that will minimize the average cost e) The minimal ave age cost Add Work Check Answer

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 4SC: If the cost of each Robust tablet increases to 75 c and the cost of each Vigortab increases to 80 c...
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For the given cost function
C(x) = 52900 + 400x + x find:
a) The cost at the production level 1650
b) The average cost at the production level 1650
c) The marginal cost at the production level 1650
d) The production level that will minimize the average cost
e) The minimal ave#age cost
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Transcribed Image Text:For the given cost function C(x) = 52900 + 400x + x find: a) The cost at the production level 1650 b) The average cost at the production level 1650 c) The marginal cost at the production level 1650 d) The production level that will minimize the average cost e) The minimal ave#age cost Add Work Check Answer
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