For the given TC(Q)=0.005Q²+0.142Q+105.4 Minimize the average cost AC(Q). AC(Q)=0.005 + + AC(Q) can be rewritten with th
Posted: Sat Jul 09, 2022 2:25 pm
- For The Given Tc Q 0 005q 0 142q 105 4 Minimize The Average Cost Ac Q Ac Q 0 005 Ac Q Can Be Rewritten With Th 1 (20.93 KiB) Viewed 56 times
- For The Given Tc Q 0 005q 0 142q 105 4 Minimize The Average Cost Ac Q Ac Q 0 005 Ac Q Can Be Rewritten With Th 2 (18.92 KiB) Viewed 56 times
- For The Given Tc Q 0 005q 0 142q 105 4 Minimize The Average Cost Ac Q Ac Q 0 005 Ac Q Can Be Rewritten With Th 3 (25.74 KiB) Viewed 56 times
Optimization: 1. AC'(Q)= + X AC'(Q)=0 and solve. Accepted critical value: Q= round to 1 d.p. 2. AC"(Q)= X AC" (c.v.)=AC" (
)= Select the correct response: O<0 Min O>0 Max O>0 Min O<0 Max 3. Minimum Average Cost ACMin is: $ round to the nearest cent.