Question: For the given cost functionC(x)=19600+500x+x 2 find: 1: The average cost at the production level 1000 2: The marginal cost at the production level 1000

For the given cost functionC(x)=19600+500x+x2 find:

1: The average cost at the production level 1000

2: The marginal cost at the production level 1000

3: The production level that will minimize the average cost

4: The minimal average cost

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