The following is the cost function of a product given by C(x) = 0.002x^3+6x+7263 -over what...

The following is the cost function of a product given by C(x) = 0.002x^3+6x+7263

-over what output levels is the average total cost decreasing?

-find the production level that will produce the minimum average total cost per unit.

-what is the minimum average total cost?

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Expert Solution

Rahul Sunny answered 2 years ago

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