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a company advertises that the cost , in dollars of producing x items is c(x)=16000+22.5x+0.004x 2 . at what production level will the average cost be the lowest?

a company advertises that the cost , in dollars of producing x items is c(x)=16000+22.5x+0.004x2 . at what production level will the average cost be the lowest?

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1 Answers

Chetan Mandayam Nayakar
312 Points
10 years ago

average cost = C(x)/x, the rest of it is a simple maxima minima problem from elementary differential calculus.

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