For the given cost function C(x) = 57600 + 800x + x² find: a) The cost at the production level 1250 b) The average cost at the production level 1250 c) The marginal cost at the production level 1250 d) The production level that will minimize the average cost e) The minimal average cost

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.3: Rates Of Change And Behavior Of Graphs
Problem 3SE: How are the absolute maximum and minimum similar to and different from the local extrema?
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For the given cost function
C(x) =
= 57600 + 800x + x find:
a) The cost at the production level 1250
b) The average cost at the production level 1250
c) The marginal cost at the production level 1250
d) The production level that will minimize the average
cost
e) The minimal average cost
Transcribed Image Text:For the given cost function C(x) = = 57600 + 800x + x find: a) The cost at the production level 1250 b) The average cost at the production level 1250 c) The marginal cost at the production level 1250 d) The production level that will minimize the average cost e) The minimal average cost
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