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The cost of producing x units of a product is given by c = 6000 + 300 x + 300 xlnx. find the minimum average cost.
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The cost of producing x units of a product is given by c = 6000 + 300 x + 300 xlnx. find the minimum average cost.

User Rsanchez
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1 Answer

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I believe In order to find the minimum average cost, we would assume that no product is sold and simply substitute x for 0, and solve for c.

C = 6000 + 300
C = 6300.

I believe this would be the solution.
User Tarek Kalaji
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