For the given cost function ,C(x)=3136+787x+x^2
a) The average cost at the production level 49 is
b)...
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For the given cost function ,C(x)=3136+787x+x^2
a) The average cost at the production level 49 is
b) The marginal cost at the production level 49 is
c) The production level that will minimize the average costis
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Step 1we haveHence we can say that average cost is given byHence we can say that average cost at the production level of 49is given byHence we
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