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Multivariable Calculus
For the given cost function C ( x ) = 1 9
Undergraduate
For the given cost function C ( x ) = 1 9 6 0 0 + 4 0 0 x + x 2 find: a
For the given cost function
C
(
x
)
=
1
9
6
0
0
+
4
0
0
x
+
x
2
find:
a
)
The cost at the production level
1
9
5
0
$
4
6
0
2
1
0
0
$
4
6
0
2
1
0
0
Correct
b
)
The average cost at the production level
1
9
5
0
$
2
3
6
0
.
0
5
1
2
8
2
$
2
3
6
0
.
0
5
1
2
8
2
Correct
c
)
The marginal cost at the production level
1
9
5
0
$
4
3
0
0
$
4
3
0
0
Correct
d
)
The production level that will minimize the average cost $
1
4
0
$
1
4
0
Correct
e
)
The minimal average cos
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1
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