Solution: Average Cost A manufacturer has determined that the total cost of operating a
Chapter 4, Problem 81(choose chapter or problem)
Average Cost A manufacturer has determined that the total cost C of operating a factory is
\(C=0.5 x^{2}+15 x+5000\)
where x is the number of units produced. At what level of production will the average cost per unit be minimized? (The average cost per unit is C/x.)
Text Transcription:
C=0.5 x^2+15 x+5000
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