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13 Nov 2019
My Notes Suppose the total cost (in dollars) of manufacturing x units of a certain commodity is C(x) = 9x2 + 3x + 81. (a) At what level of production is the average cost per unit the smallest? 4 x units (b) At what level of production is the average cost per unit equal to the marginal cost? 4 x units (c) Graph the average cost and the marginal cost functions on the same set of axes, for x>0
My Notes Suppose the total cost (in dollars) of manufacturing x units of a certain commodity is C(x) = 9x2 + 3x + 81. (a) At what level of production is the average cost per unit the smallest? 4 x units (b) At what level of production is the average cost per unit equal to the marginal cost? 4 x units (c) Graph the average cost and the marginal cost functions on the same set of axes, for x>0
Beverley SmithLv2
18 Feb 2019