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November 27, 2014

November 27, 2014

Posted by **joshua** on Tuesday, December 4, 2012 at 9:32am.

a. What is the average cost function A(x)= c(x)/x?

b. How many items should the manufacturer produce in order to minimize average cost?

c. What is the smallest average cost?

d. Find C’(x).

e. When does C(x) have a critical point? What is the average cost when C(x) has a critical point?

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