Use the appropriate command on a graphing utility to find the daily production level (to the nearest integer) at which the average cost per player is a minimum. What is the minimum average cost (to the nearest cent)?

39: $182.46

Explanation:

In this problem, the daily production level at the lowest average cost per player and the average cost (in $) can be estimated by considering the graph (average cost (y) against production level (x)) in the previous question. By drawing the graph up to scale, it can be deduced from the graph that the lowest average cost is approximately $182.46 and the production level at that point is 39.