If C x is the cost of producing x units of a commodity then

Last updated: 7/15/2023

If C x is the cost of producing x units of a commodity then the average cost per unit is c x C x 3 000 110x 6x 2 a Find the total cost in dollars at a production level of 1 000 units b Find the average cost in dollars per unit at a production level of 1 000 units per unit c Find the marginal cost in dollars per unit at a production level of 1 000 units per unit d Find the production level in units that will minimize the average cost units e What is the minimum average cost in dollars per unit per unit C x X Consider the cost function C x given below Round your answers to the nearest cent