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Part 1: The production level that minimizes the average cost of making x items is x= _____ Part 2: At this​ level, the average cost of making x items is $ _______

Part 1: The production level that minimizes the average cost of making x items is x= _____ Part 2: At this​ level, the average cost of making x items is $ _______

College Algebra (MindTap Course List)
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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Part 1:

The production level that minimizes the average cost of making x items is x= _____

Part 2:

At this​ level, the average cost of making x items is $ _______

Suppose that c(x) = 7x³ - 70x² + 22,000x is the cost of manufacturing x items. Find a production level that will minimize the average cost of making x items.
Transcribed Image Text:Suppose that c(x) = 7x³ - 70x² + 22,000x is the cost of manufacturing x items. Find a production level that will minimize the average cost of making x items.
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