Question: Suppose the total cost function for a product (in dollars) is C ( x ) =200(0.02 x +2) 3 , where x represents the number

Suppose the total cost function for a product (in dollars) isC(x) =200(0.02x+2)3, wherexrepresents the number of hundreds of units produced.

FindC(x), the average cost function (in dollars).

C(x) =______

FindC'(x).

C'(x) =______

Producing how many units (in hundreds of units) will minimize average cost?

x=______ hundred units

Find the minimum average cost per hundred units.

$ ______

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