Question: In Exercises, determine the average cost function C(x) = C(x)/x. To find where the average cost is smallest, first calculate C'(x), the derivative of the

In Exercises, determine the average cost function C(x) = C(x)/x. To find where the average cost is smallest, first calculate C'(x), the derivative of the average cost function. Then use a graphing calculator to find where the derivative is 0. Check your work by finding the minimum from the graph of the function C(x).

C(x) = 10 + 20x1/2 + 16x3/2

Step by Step Solution

3.36 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Cx 10 20x 12 16x 32 The average cost function is Then Ax 10x ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

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

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Calculus With Applications Questions!