Question

If the cost function C= 3x2=5x+4.
What will be the value of marginal
Cost at x=2​

Answer 1

Answer:

answers

Originally Answered: If the cost function is C(x ) =3(x^2) +5x+12, what is the value of x such that the average cost is at a minimum? I can't ...

3 votes

I assume from the context of the question that x is the number of goods produced and so the ... More

0 votes

average cost = a[c]= C[x]/x = 3x +5 +12/x now get the derivitive of a[c] wrt x d [a{c)]/d ... More

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I can't really give an in depth explanation of why it works because I haven't done a problem ... More

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Well! Have you ever heard about para-curve equation? f(x)=aX^2+bX+c When X=-b/2a , f(x)=(4ac-b^2)/ ... More

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C`(x)=6x+5 c`(x）=0,x=-5/6 (-00,-5/6) c(x)down,(-5/6,+00)up. C(x)min=3*(-5/6)^2+5*(-5/6)+12=119/12 More