A manufacturer has determined that the total cost C of operating a factory is where X is
Question:
A manufacturer has determined that the total cost C of operating a factory is
where X is the number of units produced. At what level of production will the average cost per unit be minimized? (The average cost per unit is C/x.)
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C 05x 15x 5000 C X C C 05x 15 5...View the full answer
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