Average Cost Jesaki Water Sports incurs the following costs in producing a water ski vests in one day, for 0 < x < 150: ⚫ fixed costs, $320; ⚫ unit production cost, $25 per vest; ⚫ equipment maintenance and repairs, 0.06 x² dollars. Find the minimum average cost of a water ski vest. Round to the nearest. cent. +A $ per vest

Average Cost Jesaki Water Sports incurs the following costs in producing a water ski vests in one day, for 0 < x < 150: ⚫ fixed costs, $320; ⚫ unit production cost, $25 per vest; ⚫ equipment maintenance and repairs, 0.06 x² dollars. Find the minimum average cost of a water ski vest. Round to the nearest. cent. +A $ per vest

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter6: Proudction Costs

Section: Chapter Questions

Problem 8SQP

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