For the cost function C(Q) = 100 + 15Q the total cost of producing 5 units of output is
75 and the marginal cost of the sixth unit is 15 |
175 and the marginal cost of the sixth unit is 15 |
75 and the marginal cost of the sixth unit is 100 |
none of these answers are correct |
For the cost function C(Q) = 100 + 15Q the total cost of producing 5 units...
For the cost function C(Q) = 75 + 4Q + 2Q2, the marginal cost of producing 5 units of output is:
For a cost function C = 100 + 10Q + Q2, the average variable cost of producing 20 units of output is A. 10B. 20C. 30D. None of the statements associated with this question are correct
3. (2 points) The marginal cost of producing q units of a certain commodity is C'(q) = 1.592 β 6q+7 dollars per unit. How much does it cost to produce 20 units of commodity, if if the total cost of producing 6 units is $100?
For the cost function below, where c is the cost of producing q units of a product, find the marginal-cost function. What is the marginal cost at the given values of q? C(q) = 2002 - 99 +8;q=3, q=8, and q=11 c'(q) =( (Simplify your answer.) c'(3) = (Simplify your answer.) c'(8) =( (Simplify your answer.) c'(11)=[ (Simplify your answer.) 1/23/2020
The cost of producing q items is C(q) = 2500+ 18q dollars. (a) What is the marginal cost of producing the 100th item? the 1000th item? The marginal cost to produce the 100th unit is $ The marginal cost to produce the 1000th unit is $ (b) What is the average cost of producing 100 items? 1000 items? The average cost of producing 100 units is $ per unit. The average cost of producing 1000 units is $ per unit.
If the total cost of producing three units of output is $2,621 and the total cost of producing four units of output is $3,109 then the marginal cost of the fourth unit is? Please enter your response as an integer.
If the total cost of producing three units of output is $2,621 and the total cost of producing four units of output is $3,109 then the marginal cost of the fourth unit is $? Please enter your response as anβ integer.
The total cost of producing Q units of output to a monopolist is TC(Q) = 2Q2. The market demand is given byQ= 10β2P. (a) What are the total revenue and marginal revenue functions (b) What price should the monopolist set to maximize its profit? Illustrate your answer on a graph.
4. The average cost of producing q units of a good is the total cost of production C(q), divided by the total production q: AC(q) calculus by MC(g) = C"(a) = . Ca for q> 0 The marginal cost MC is given in terms of G dThe fired cost of production is C(0). Why is C(0) called the fized cost? What does it represent? a. b. If C(g) is continuous for q 2 0 and C(0)> 0, what is lim...
A firm is producing 4 units of output at an average total cost of $50. When the firm produces 5 units of output, average total cost falls to $45. What is the marginal cost of the fifth unit of output? A. $10 B. $25 C. $45 D. $70