Try it on paper first. A hint, the key idea and the worked solution are here when you need them.
The cost per unit of a process is modelled by for , where is the number of hundreds of units made. A planner wants the rate at which the cost changes. Use the quotient rule to find . Then find the two values of where , as decimals to three places. Say which of them lies in the range .
Product rule: . Quotient rule: . The derivative is a rate of change, in units of per unit of .
Have you tried it?
Work it out on paper first. It is fine to get stuck or make a mistake: that is how we learn. When you are ready, go through the solution one step at a time, and check each step against your own.
Given. .
Plan. Quotient rule, then set the top of the derivative to .
Step 1. The derivative. .
Step 2. At . .
Step 3. Flat points. gives , which is and .
Step 4. The range. Only is greater than .
Check. The cost falls just after and rises after , so is where the cost per unit is lowest.
Answer: , and the flat points are and , of which only lies in the range.
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