Question: If the total cost function for a product is C(x)= 250+6x+0.1x2 dollars, producing how many units, x, will minimize the average cost? Find the minimum

If the total cost function for a product is C(x)= 250+6x+0.1x2 dollars, producing how many units, x, will minimize the average cost? Find the minimum average cost.

Step by Step Solution

★★★★★

3.47 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

Cx 250 6x 01x 2 Cx 001x 6 250x Cx 001 ... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

1386-M-C-L-A-D(4083).docx

120 KBs Word File

Students Have Also Explored These Related Calculus Questions!

If the total cost function for a product is C(x) = 300+10x+0.03x2 dollars, producing how many units, x, will result in a minimum average cost per unit? Find the minimum average cost.

If the total cost function for a product is C(x) = 810+0.1x2 dollars, producing how many units, x, will result in a minimum average cost per unit? Find the minimum average cost.

If the total cost function for a product is C(x) = 100(0.02x+4)3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost? Find the...

Answer all questions correctly 1) The total cost function for a product is C (x ) = 625 In (x + 10)+1900 Where y is the number OF Units produced. a) Find the total cost of producing 200 Units. (...

18. If the total cost function for a product is C (x) : 200 + 5x + 0.05x2 dollars, determine how many units x should be produced to minimize the average cost per unit? A) 49 units B) 200 units C) 44...

The total cost function for a product is C x 750 In x 10 1600 where x is the number of units produced a Find the total cost of producing 400 units Round your answer to the nearest cent b Producing...

4. f0/2 Points] DETAILS PREVIOUS ANSWERS HARMATHAP11 10.3.019. MY NOTES PRACTICE ANOTHER If the total cost function for a product is cx) = 75(0.02x + 8)3 dollars, where x represents the number of...

1). If the total cost function for a product is C ( x ) = 160(0.02 x + 5) 3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost?...

7. [0/2 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 10.3.021. MY NOTES PRACTICE AN If the total cost function for a product is C(x) = 200(0.02x + 6)3 dollars, where x represents the number of...

Homework 6 questions 1,3,4,5 and 6 DETAILS ASK YOUR TEACH If the TOTAL cost function for a product is C(x)=810 + 0.1x 2 dollars, (810 plus 0.1 times x-squared) producing how many units, x, will...

A manufacturing firm has collected information on the number of defects produced each day for the past 50 days. The data have been described by the accompanying Minitab box-and-whisker plot. a. What...

A black (nonreflective) plane at temperature Tu is parallel to a black plane at temperature Tl. The net energy flux density in vacuum between the two planes is Ju = B(T4u T4u), where B is the...

6. Use Worksheet 15.2. When Jim Levitt died in 2007, he left an estate valued at $3,650,000, as follows: $10,000 to the local hospital, $60,000 to his alma mater, and the remainder to his three adult...

What does an aggregate demand curve show?

A driver sets out on a journey. For the first half of the distance she drives at the leisurely pace of 30 mi/h; she drives the second half at 60 mi/h. What is her average speed on this trip?

Is it true that f o (g + h) = f o g + f o h?

Prove that if n is a positive integer then 7n 1 is divisible by 6.

answer in a easy to read\ excel format Problem 7-21 (Algo) Segment Reporting and Decision-Making [LO7-4] Vulcan Company's contribution format income statement for June is as follows: Management is...

7. (TCO C) Leslie has been offered the choice of either a $1,000 rebate or a 5.5%, 48-month loan for the new car she is purchasing. If Leslie will be financing $15,000 and she can get a 7.5%,...

Rocky Mountain Chocolate Factory (RMCF) founder and president Frank Crail employs 220 people in 361 outlets in the United States, Canada, United Arab Emirates, Japan, and South Korea. If RMCF...