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Mathematics
Mathematics
Problem
A company’s cost function (in dollars) for producing
x
x
x
units is
C
(
x
)
=
0.05
x
3
−
2
x
2
+
30
x
+
700
C(x)=0.05x^{3}-2x^{2}+30x+700
C
(
x
)
=
0.05
x
3
−
2
x
2
+
30
x
+
700
for
0
≤
x
≤
40
0\le x\le40
0
≤
x
≤
40
. Determine the production level
x
x
x
at which the cost curve has a point of inflection within this interval.
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