lemoncat307Lv1
19 Nov 2021
Problem 43b
Page 308
Section 4.6: Optimization Problems
Chapter 4: Applications of Differentiation
Textbook ExpertVerified Tutor
19 Nov 2021
Given information
1. is the cost of producing units of a commodity.
2. Average cost per unit is .
3. , in dollars,
(i) production level of 1000 units.
(ii) minimization of the average cost is required.
Step-by-step explanation
Step 1.
Cost for a production level of 1,000 units:
Average cost is given by