Solved

Average Costs Cˉ(x)=5x+4500x,x>0\bar { C } ( x ) = 5 x + \frac { 4500 } { x } , \quad x > 0

Question 82

Multiple Choice

Average costs. Suppose the average costs of a mining operation depend on the number of machines used, and average costs, in dollars, are given by Cˉ(x) =5x+4500x,x>0\bar { C } ( x ) = 5 x + \frac { 4500 } { x } , \quad x > 0 , where x is the number of machines used. What is the minimum average cost?


A) $0
B) $30
C) $300
D) $150
E) $4505

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions