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The minimum cost is achieved when 150 trees are produced giving a minimum cost of $27.5
Polynomial is an expression that involves the operations of addition, subtraction, multiplication of variables.
Let C represent the cost for buying and caring for n trees. Given that:
C = 0.001n² - 0.3n + 50.
The minimum cost is at dC/dn = 0, hence:
dC/dn = 0.002n - 0.3
0.002n - 0.3 = 0
0.002n = 0.3
n = 150
C(150) = 0.001(150)² - 0.3(150) + 50 = 27.5
The minimum cost is achieved when 150 trees are produced giving a minimum cost of $27.5
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