find the minimum average cost if the total cost function is C(x)=5x^2+7x+9 ?  

Asked on by rmunoz90

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pramodpandey | College Teacher | (Level 3) Valedictorian

Posted on

We have given


Average cost function is




For Minimum , AC'(x)=0






Thus x=sqrt(9/5) will give minimum average cost.

Minimum AC(x)



`=20.42`  per unit

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