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Mathematics 21 Online
OpenStudy (anonymous):

Given the cost function C(x) = 2500 + 0.02x + 0.004x^2, find the product level such that the average cost per unit is minimized

OpenStudy (mathmate):

Hint: differentiate with respect to x (number of units) and equate the derivative to zero to solve for the number of units giving minimum cost per unit.

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