Suppose a Manufacturer Has Determined That the Total Cost C $C = 0.6 x ^ { 2 } + 14 x + 54,000$

question 81

Multiple Choice

Suppose a manufacturer has determined that the total cost C of operating a factory is $C = 0.6 x ^ { 2 } + 14 x + 54,000$ where $x$ is the number of units produced. At what level of production will the average cost per unit be minimized? (The average cost per unit is $\mathrm { C } / x$ .)

• A) \(x = 300\) units
• B) \(x = 330\) units
• C) \(x = 30\) units
• D) \(x = 60\) units
• E) \(x = 600\) units

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