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The Cost of Producing X Units of a Product Is C=900+300x300lnx,C = 900 + 300 x - 300 \ln x,

question 51

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The cost of producing x units of a product is modeled by C=900+300x300lnx,C = 900 + 300 x - 300 \ln x, x1x \geq 1 . Find the minimum average cost analytically. Round your answer to two decimal places.


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