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  3. for the given cost function ,c(x)=3136+787x+x^2 a)

For the given cost function ,C(x)=3136+787x+x^2 a) The average cost at the production level 49 is b)...

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Question

Basic Math

For the given cost function ,C(x)=3136+787x+x^2

a) The average cost at the production level 49 is

b) The marginal cost at the production level 49 is

c) The production level that will minimize the average costis

Answer & Explanation Solved by verified expert
4.0 Ratings (732 Votes)
Step 1we haveHence we can say that average cost is given byHence we can say that average cost at the production level of 49is given byHence we    See Answer
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