The total cost of producing a type of boat is given by C(x)=27000−10x+0.02x^2, where x is the number of boats produced. How many boats should be produced to incur minimum 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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The total cost of producing a type of boat is given by C(x)=27000−10x+0.02x^2, where x is the number of boats produced. How many boats should be produced to incur minimum cost?

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