For the given cost function C(z) = 54/+ find 343000 a) The cost at the production level 1850 2332606 b) The average cost at the production level 1850 1.261 C) The marginal cost at the production level 1850 0.61 d) The production level that will minimize the average cost. el The minimal average cost.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 76E
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For the given cost function C(r) = 54 E+
find
343000
a) The cost at the production level 1850 2332606
b) The average cost at the production level 1850 1.261
C) The marginal cost at the production level 1850 0.64
d) The production level that will minimize the average cost.
e) The minimal average cost.
Give answers to at least 3 decimal places.
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Transcribed Image Text:For the given cost function C(r) = 54 E+ find 343000 a) The cost at the production level 1850 2332606 b) The average cost at the production level 1850 1.261 C) The marginal cost at the production level 1850 0.64 d) The production level that will minimize the average cost. e) The minimal average cost. Give answers to at least 3 decimal places. Question Help: DVideo P Type here to search 近
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