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Author Question: Given that A(x) = C(x)/x , where A(x) is the average-cost function and C(x) is the total-cost ... (Read 48 times)

michelleunicorn

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Given that A(x) = C(x)/x , where A(x) is the average-cost function and C(x) is the total-cost function, find an expression for A'(x) and solve the equation A'(x) = 0 to find the minimum average cost.
◦ A'(x) =  = 0  ⇒  xC(x) - C'(x) = 0  ⇒   = A(x) = C(x)
◦ A'(x) =  = 0  ⇒  xC'(x) - C(x) = 0  ⇒   = A(x) = C'(x)
◦ A'(x) =  = 0  ⇒  xC(x) - C'(x) = 0  ⇒   = A(x) = 
◦ A'(x) =  = 0  ⇒ xC(x) - C'(x) = 0  ⇒   = A(x) = 


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Marked as best answer by michelleunicorn on Jun 16, 2021

Christopher

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michelleunicorn

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Reply 2 on: Jun 16, 2021
Thanks for the timely response, appreciate it


adf223

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Reply 3 on: Yesterday
:D TYSM

 

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