Using how many pieces of equipment will minimize the cost

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Reference no: EM131792852

Production costs suppose that the monthly cost in dollars of mining a certain ore is related to the number of pieces of equipment used, according to

C= 25,000x + (870,000/x), x>0

where x is the number of pieces of equipment used. Using how many pieces of equipment will minimize the cost?

Reference no: EM131792852

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