Given that x represents how many bundles of widgets you make each day. You have a cost

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Given that x represents how many bundles of widgets you make each day.

You have a cost equation of C(x) = 3x³-4x²+12x-20

The marginal cost is the derivative of the cost equation. Find the number of bundles of widgets per day that will minimize the marginal cost. (Enter answer as a fraction).

X=_____

Related Book For answer-question

Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: May 03, 2024 05:50 AM

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Given that x represents how many bundles of widgets you make each day. You have a cost

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Microeconomics An Intuitive Approach with Calculus

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