Question

For the given cost function C(x)=250√(x)+(x^2)/274625 find
a) The cost at the production level 1150
b) The average cost at the production level 1150
c) The marginal cost at the production level 1150
d) The production level that will minimize the average cost.
e) The minimal average cost.

I got the first two parts:
(a)= 8478.49
(b)= 7.37

Answer 1

i can tell you d and e ones as its related to calculus

Answer 2

for d one differentiate the equation wrt x and put it to zero
check the question you have typed once katie there should be a minus sign somewhere otherwise minimum cost will be at x = 0 only

Answer 3

no minus sign in the entire question

Answer 4

then i m stumped :P only minimum will be at production level zero. After zero it will keep on increasing with the production level

Answer 5

this is the question

Answer 6

hey survesh i got all of them but d. can you help please