Thursday

October 30, 2014

October 30, 2014

Posted by **Jane** on Monday, March 30, 2009 at 12:54pm.

A company estimates that the cost ($) of producing x units of a certain product is given by:

C= 800 + .04x + .0002x^2

Find the production level that minimizes the average cost per unit.

Thank you so much

- Calculus -
**Reiny**, Monday, March 30, 2009 at 12:58pmyour question makes no sense.

clearly C is increasing as x increases, and C will have a minimum of 800 when x = 0

Their best bet would be not to make any ???

check your typing, I think it should be -.002x^2 perhaps?

- Calculus -
**Jane**, Monday, March 30, 2009 at 1:04pmSorry for the typo - you are correct it should be -.002x^2

- Calculus -
**Reiny**, Monday, March 30, 2009 at 1:16pmin that case, very easy

dC/dx = .04 - .004x

= 0 and solve for x

x = .004/.04 = ...

- Calculus -
**Jane**, Monday, March 30, 2009 at 2:21pmI still do not see what the answer would be . Is x = .001

**Answer this Question**

**Related Questions**

Calculus - Here's another one that I do not really understand. A company ...

Calculus - There was a typo in last question A company estimates that the cost...

math - The daily cost C, in RM, of producing a product is C(x)=1000+72x-0.06x^2...

advanced math - The marginal cost of a product can be thought of as the cost of ...

Calculus - Suppose the revenue from producing and selling x units of a given ...

math - * I posted this before, but I left out the equation, sorry. A company ...

Business Calculus - A manufacturer has found that marginal cost is dc/dx=3x^2-...

Algebra - 83. Minimizing Marginal Cost The marginal cost of a product can be ...

Introduction programing visual basic - break even analysis. suppose a certain ...

Math - A hair product company sells three types of hair products for $30, $20, ...