Question: Todd uses the quadratic regression model to determine the predictive average unit cost of baseballs produced in his production facility. After determining predictive average costs
Todd uses the quadratic regression model to determine the predictive average unit cost of baseballs produced in his production facility. After determining predictive average costs at multiple unit batch size amounts in millions, he now wants to know what the output level that minimizes his costs would be. Given b subscript 1 = 0.3802 and b subscript 2 = 0.0198, what is the level that will maximize his average cost in units
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