Question: For the given cost function C(x) = 28900 + 700x + x find: a) The cost at the production level 1550 b) The average cost

For the given cost function C(x) = 28900 + 700x +

For the given cost function C(x) = 28900 + 700x + x find: a) The cost at the production level 1550 b) The average cost at the production level 1550 c) The marginal cost at the production level 1550 d) The production level that will minimize the average cost e) The minimal average cost

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