Question: If the total cost function for a product is C(x) = 6(X + 2)3 dollars, where x represents the number of hundreds of units produced,

If the total cost function for a product is C(x) = 6(X + 2)3 dollars, where x represents the number of hundreds of units produced, producing how manyr units will minimize average cost? x : x hundred units Find the minimum average cost per hundred units. $x

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!

Answer all questions correctly 1) The total cost function for a product is C (x ) = 625 In (x + 10)+1900 Where y is the number OF Units produced. a) Find the total cost of producing 200 Units. (...

The total cost function for a product is C x 750 In x 10 1600 where x is the number of units produced a Find the total cost of producing 400 units Round your answer to the nearest cent b Producing...

18. If the total cost function for a product is C (x) : 200 + 5x + 0.05x2 dollars, determine how many units x should be produced to minimize the average cost per unit? A) 49 units B) 200 units C) 44...

4. f0/2 Points] DETAILS PREVIOUS ANSWERS HARMATHAP11 10.3.019. MY NOTES PRACTICE ANOTHER If the total cost function for a product is cx) = 75(0.02x + 8)3 dollars, where x represents the number of...

1). If the total cost function for a product is C ( x ) = 160(0.02 x + 5) 3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost?...

7. [0/2 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 10.3.021. MY NOTES PRACTICE AN If the total cost function for a product is C(x) = 200(0.02x + 6)3 dollars, where x represents the number of...

If the total cost function for a product is C ( x ) = 2 0 0 ( 0 . 0 2 x + 5 ) 3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average...

If the total cost function for a product is C(x) 240(0.02x+5) dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost? hundred units...

If the total cost function for a product is C(x) = 100(0.02x+4)3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost? Find the...

Explain how it is possible for sales growth to decrease the value of a profitable company.

During a maternity leave of the full-time bookkeeper at a privately owned furniture repair business, a temporary employee was involved in the following transactions. 1. Work was completed on the...

Assume taxable income is the starting point for computing E & P . During 2 0 2 3 , Kobe Corporation made a charitable contribu tion of $ 9 0 , 0 0 0 . Of this amount $ 1 0 , 0 0 0 could not be...

REVIEW THE INFORMATION ABOUT LEAPFROG HOSPITAL SAFETY GRADES. CHOOSE TWO HOSPITALS TO COMPARE A VERY EFFECTIVE ONE AND ONE WHICH IS NOT EFFECTIVE. WHAT SEPARATES THE TWO? HOW CAN THE A HOSPITAL USE...

11. Give two examples of each of the following heuristic assessment mechanisms. a) We use the information that is currently accessible. b) We assume an initial anchor point (value). c) We compare to...

4. Give an example of how the consistency principle can be used to influence others.

6. Give an example of how the liking principle can be used to influence others.