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For the given cost function C(x) = 52900 + 800x + 2? First, find the average cost function. Use it to find: a) The production

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We have, given cost function: C(x) = 52900 + 800x +32 NOWE The average cost function is given by ēcas $2900 + God x + x2 : ccHence, the production level that will minimize the average cost is 2 = 230 (b) the minimum average cost is given by C (230) $

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