Mathematics

Mathematics

Problem

A manufacturer’s total cost (in dollars) for producing qq units is modeled by C(q)=0.005q3−0.3q2+10q+200,0≤q≤100.C(q)=0.005q^{3}-0.3q^{2}+10q+200, \quad 0\le q\le100. For which production level qq does the average cost C(q)q\dfrac{C(q)}{q} attain its absolute minimum on this interval? a) q=30q=30 b) q=100q=100 c) q≈42q\approx42 d) q=50q=50

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