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If the Total Cost for Producing X Units of a Particular

Question 165

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If the total cost for producing x units of a particular product is given by C(x), then the average cost of production those x units is given by A(x)=C(x)xA ( x ) = \frac { C ( x ) } { x } (a) If our cost function is C(x)=15,000+100x+2r3/2C ( x ) = 15,000 + 100 x + 2 r ^ { 3 / 2 } , what value of x will result in the minimum average cost?
(b) What is the minimum average cost?

Correct Answer:

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