Answer:
$11988
Step-by-step explanation:
Given that,
The unit cost is given by :
[tex]C(x)=0.7x^2-462x+88218[/tex]
We need to find the minimum unit cost.
For minimum cost,
Put [tex]\dfrac{dC}{dx}=0[/tex]
So,
[tex]\dfrac{d}{dx}(0.7x^2-462x+88218)=0\\\\1.4x-462=0\\\\x=\dfrac{462}{1.4}\\\\x=330[/tex]
Put x = 330 in equation (1).
[tex]C(330)=0.7(330)^2-462(330)+88218\\\\=\$11988[/tex]
So, the minimum unit cost is equal to $11988.