1.) The cost of producing x units of a product is modeled by C(x) = 180+90x-260lnx...

1.) The cost of producing x units of a product is modeled by C(x) = 180+90x-260lnx where x is greater than and equal to 1

a. Find the average cost function

b. Find the minimum average cost

2.) A fungus is increasing at a continuous rate of 5.2% in accordance with the exponential growth

model. Find its double time

Expert Solution

milcah answered 2 years ago

The cost of producing x units of a product is given by C(x)=700 + 90 x...

The cost of producing x units of a product is given by C(x)=700 + 90 x - 90 ln(x), where x>=1 Find the minimum average cost

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