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(Solved): For the given cost function C(x)=54x+216000x2 find a) The cost at the production level 1450 b ...




For the given cost function \( C(x)=54 \sqrt{x}+\frac{x^{2}}{216000} \) find
a) The cost at the production level 1450
b) The
For the given cost function find a) The cost at the production level 1450 b) The average cost at the production level 1450 c) The marginal cost at the production level 1450 d) The production livel that will minimize the average cost. e) The minimal average cost. Give answers to at least 3 decimal places. Question Help: Video


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Solution:

Cost function is given as   

a) Cost at production level 1450


  

Therefore,

Cost at the production level 1450 is 2065.992
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