The cost for producing stuffed animals is modeled by the function C=0.05x^2 -2x+50 . Which of the following is true?
The minimum cost occurs when 20 stuffed animals are produced.
The minimum cost occurs when 30 stuffed animals are produced.
The minimum cost is $20.
The maximum cost is $20.
The minimum cost occurs when 20 stuffed animals are produced.
The minimum cost occurs when 30 stuffed animals are produced.
The minimum cost is $20.
The maximum cost is $20.