The Cost to Produce X Units of a Certain Product $C ( x ) = 10,000 + 8 x + \frac { 1 } { 16 } x ^ { 2 }$

question 187

Multiple Choice

The cost to produce x units of a certain product is given by $C ( x ) = 10,000 + 8 x + \frac { 1 } { 16 } x ^ { 2 }$ . Find the value of x that gives the minimum average cost.

• A)400
• B)25
• C)160,000
• D)4000
• E)500
• F)64
• G)40,000
• H)Does not exist

Understand how inductive generalization relates to the evaluation of analogical arguments.

Apply specific rules for evaluating inductive generalizations within the context of argument by analogy.

Distinguish between arguments by analogy and counter-analogy.

Apply evaluation criteria to decide between conflicting analogical arguments.

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Definitions:

Simple Interest

Interest calculated only on the principal amount, not on the interest accrued.

Invested

The maneuver of allocating finances with the aspiration of earning income or profit.

Term

The time period for which a loan or investment is made.

Rate of Interest

The rate at which interest is applied to a loan or credited to savings.