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4 October, 10:42

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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  1. 4 October, 13:38
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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.
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