Find the number of units x that produces the minimum average
Find the number of units x that produces the minimum average cost per unit C in the given equation.
C = 0.001x3 + 9x + 432
x = units
Solution
Average cost per unit
C(x)/x =.001x^2+9+432x^-1
d/dx[C(x)/x]=.002x-432/x^2=0
.002x=432/x^2
.002x^3=432
x^3=432000/2
x=60
