A company produces bikes at the rate of x bikes per day and its total cost function is $C(x) =x^3-60x^2+13x + 50.$ The optimal number of bikes produced per day at which the marginal cost is minimum is : |
15 40 20 25 |
20 |
The correct answer is Option (3) → 20 Cost function = $C(x)=x^3-60x^2+13x+50$ $MC(x)=C'(x)=3x^2-120x+13$ for a quardritic function, $ax^2+bx+c$, the vertix occurs at $x=-\frac{b}{2a}=\frac{-120}{-2×3}=20$ |