SOLUTION: I would really appreaciate if you can help me with the following problem I need to solve. The cost of C of production X thousand units of a product is given by C=x^2-30x+33

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Question 448986: I would really appreaciate if you can help me with the following problem I need to solve.
The cost of C of production X thousand units of a product is given by
C=x^2-30x+335(Dollars)
Find the value of X for which the cost is minimum.

Thank you very much.

Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!

This equation is a parabola
with a minimum at





The cost is a minimum at x = 15 thousand units
Here's a graph:

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