For the given cost function C(1) = 128/a + find 512000 a) The cost at the production level 1800 b) The average cost at the production level 1800 c) The marginal cost at the production level 1800 d) The production level that will minimize the average cost. e) The minimal average cost.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter9: Multivariable Calculus
Section9.CR: Chapter 9 Review
Problem 85CR
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For the given cost function C(1) = 128 /a +
find
512000
a) The cost at the production level 1800
b) The average cost at the production level 1800
c) The marginal cost at the production level 1800
d) The production level that will minimize the average cost.
e) The minimal average cost.
Give answers to at least 3 decimal places.
Transcribed Image Text:For the given cost function C(1) = 128 /a + find 512000 a) The cost at the production level 1800 b) The average cost at the production level 1800 c) The marginal cost at the production level 1800 d) The production level that will minimize the average cost. e) The minimal average cost. Give answers to at least 3 decimal places.
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