The cost function for selling a product is given as = 100+ 60 ln(2x - 32x...
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The cost function for selling a product is given as = 100+ 60 ln(2x² - 32x + 200) C(x)= where x is the number of units of 10,000 pounds sold. Find the number of pounds that should be sold to keep cost at a minimum. Include a graph of the cost function. Make sure you use calculus to answer the question. The cost function for selling a product is given as = 100+ 60 ln(2x² - 32x + 200) C(x)= where x is the number of units of 10,000 pounds sold. Find the number of pounds that should be sold to keep cost at a minimum. Include a graph of the cost function. Make sure you use calculus to answer the question.
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Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Posted Date:
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