Pace's Total Cost of Producing CO₂ Cartridges Is Given by TC

question 16

Multiple Choice

Pace's total cost of producing CO₂ cartridges is given by TC = 0.5X ³ - 24X ² + 144X.The level of output that minimizes average total cost is:

• A) 12 cartridges.
• B) 10 cartridges.
• C) 18 cartridges.
• D) 20 cartridges.
• E) 24 cartridges.

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