Question: If the total cost function for a product is C ( x ) =200(0.02 x +2) 3 dollars, where x represents the number of hundreds
If the total cost function for a product isC(x) =200(0.02x+2)3dollars,
wherexrepresents the number of hundreds of units produced, producing how many units will minimize average cost?
units
Find the minimum average cost per unit.
$
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