SOLUTION: Minimizing Cost. A company uses the formula C(x)= 0.02x² -3.4x +150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars is the unit cost at i
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Question 47938: Minimizing Cost. A company uses the formula C(x)= 0.02x² -3.4x +150 to model the unit cost in dollars for producing x stabilizer bars. For what number of bars is the unit cost at its minimum? What is the unit cost at that level of production? Answer by checkley71(8403) (Show Source):
You can put this solution on YOUR website! 0=.02x~2-3.4x+150 or 0=x~2-170x+7,500 or x=85+/-16.5831 using the quadratic equation. Thus the 85+16.58=101.58 & 85-16.58=68.42
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