This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 2. Suppose the cost (in euros) of producing the quantity x of a certain product in Brussels is given by C ( x ) = 100 400-16 x + x 2 , x > . Find the average cost function and the intervals on which it is increasing and decreasing. What are its critical numbers and relative extrema? What level of production leads to the minimum average cost, and what is that cost?...
View Full Document
- Spring '08