Question:
Suppose the cost, in dollars, of manufacturing x items is
Last updated: 8/8/2022
Suppose the cost, in dollars, of manufacturing x items is approximated by the function C(x) = 0.2x²+5x+500, for 1≤x≤1000. If the cost of manufacturing one item can be represented by the function U(x)=c(x)/x determine how many items should be manufactured to minimize the unit cost. a) 50 b) 1000 c) 13 d) 500