Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Cost Function
Average Cost Function
Differentiation
Optimization
Formulas
Average cost function AC(x) = c(x) / x = (6x^3 - 36x^2 + 20,000x) / x
Derivative of AC(x): AC'(x) = 12x - 36
Theorems
Second Derivative Test
Suitable Grade Level
High School (Grades 11-12), Early College
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