Question: If the total cost function for a product is: C(x) = 2x^2+ 54x + 98dollars; first find the average cost function and thenfind the minimum

If the total cost function for a product is: C(x) = 2x^2+ 54x + 98dollars; first find the average cost function and thenfind theminimum value for theaverage cost per unitfor this product.The minimum average cost per unit for this function is ______________ dollars per unit ?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock 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 Mathematics Questions!