Question: Each graph below gives the cost as a function of production level. Use the method of graphical optimization to estimate the production level that results

Each graph below gives the cost as a function of production level. Use the method of graphical optimization to estimate the production level that results in the minimum cost per item produced.Cost f(x)+ 1000 800 600 400 200 0 2 4 ||||||||| 10

Cost f(x)+ 1000 800 600 400 200 0 2 4 ||||||||| 10 6 8 Production 12 14 X

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