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6 Nov 2019
A manufacturer estimates that when q thousand units of a particularcommodity are produced each month, the total cost will be C(q) =0.4q^2+3q+40 thousand dollars, and all q units can be sold at aprice of p(q) = 22.2 - 1.2q dollars per unit.
At what level of production is the average cost equal to themarginal cost C'(q)?
A manufacturer estimates that when q thousand units of a particularcommodity are produced each month, the total cost will be C(q) =0.4q^2+3q+40 thousand dollars, and all q units can be sold at aprice of p(q) = 22.2 - 1.2q dollars per unit.
At what level of production is the average cost equal to themarginal cost C'(q)?
At what level of production is the average cost equal to themarginal cost C'(q)?
Nelly StrackeLv2
18 Mar 2019
