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Minimizing Average Cost The total monthly cost (in dollars) incurred by a certain guitar manufacturer in...

Minimizing Average Cost

The total monthly cost (in dollars) incurred by a certain guitar manufacturer in manufacturing x units of its Professional Series guitars is given by the function

C(x) = 0.001x2 + 110x + 2250.

(a)

Find the average cost function

C.

C =

(b)

Determine the production level that will result in the smallest average production cost.

x =

Math   Calculus   
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