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Marginal Analysis
A manufacturer estimates that if x units of a particular commodity are produced, the total cost will be C(x) dollars, where
C(x) = x^3 - 24x^2 + 350x + 338
a) At what level of production will the marginal cost C'(x) be minimized?
b) At what level of production will the average cost
A(x) = C(x) / x be minimized?
A can company reports that there were 3 breakdowns on its machine operator assembly line in the last thirty days. What is the probability that there will be more than two breakdowns tomorrow
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How do I go about solving and then graphing the following system?
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