What is the minimum possible average cost

Reference no: EM131176917

If the total cost of producing x gimcracks is C(x) = 144 + 40x + x² how many gimcracks should you make in order to minimize the average cost of a gimcrack? What is the minimum possible average cost?

Reference no: EM131176917

Questions Cloud

Why health care hospital need health information manager : Why would a health care clinic or hospital need a health information manager? How might having a designated manager help ensure privacy of patient records?

Create a justification report : Create the preliminary parts of the report that precede the Introduction- Create an introduction that tells what your report is about.

What production will maximize revenue : Using the total cost function in the previous exercise, determine the production level that will maximize profit.

Central banks for depreciation : Exporters in many countries complain if the (local) currency appreciates and pressure their central banks for depreciation. Some countries that are net importers accuse those exporter countries of deliberately keeping its currency undervalued and t..

What is the minimum possible average cost : If the total cost of producing x gimcracks is C(x) = 144 + 40x + x2 how many gimcracks should you make in order to minimize the average cost of a gimcrack? What is the minimum possible average cost?

Discuss your risk tolerance from the risk profile quiz : Discuss your risk tolerance from the Risk Profile Quiz in relation to investing. Based on your risk tolerance, provide at least three examples of the types of instruments in which you should invest.

Develop a prototype of your design in wordpress : If your proposal is eventually accepted, you will be asked to develop a prototype of your design in WordPress. The client's business category/model will be supplied to you via email in the second week of the semester

Financial performance and position of nonat : Analyse the financial performance and position of Nonat Co for the year to 31 December 2015 in comparisonto the sector averages.

What dimensions will maximize the area of the window : A window is to be made in the shape of a rectangle with a sash across it (Figure Ex. 23). If the total length of the frame and sash is to be 20 feet, what dimensions will maximize the area of the window?

User Account

All Pages