(See Solution) Suppose that the total cost function for manufacturing certain product is C(x)=0.2(0.01x^2+120) dollars, where x represents the number of
Question: Suppose that the total cost function for manufacturing certain product is
\[C\left( x \right)=0.2\left( 0.01{{x}^{2}}+120 \right)\]dollars, where x represents the number of units produced. Find the level of production that will minimize the average cost.
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