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3. Suppose the cost function for producing z pairs of a particular type of skates was...
3. Suppose the cost function for producing z pairs of a particular type of skates was given by C(z) 705.20+32.75 a) What is the inverse of this function? What does it represent? (Your answer should include complete sentences in contert.) b) Pick one ordered pair on the graph of the inverse function, and describe what it tells you about this situation. (Your answer should include complete sentences in contezt. c) Use the inverse to determine the number of pairs of...
1. Earlier in the semester, we found that the cost function for producing x pairs of a particular type of skates was given by: C(x) = 752.75 + 42.54x. a. What is the inverse of this function? b. What does the inverse function represent? c. Pick one ordered pair on the graph of the inverse function, and describe what it tells you about this situation. d. Use the inverse to determine the number of pairs of skates that can be...
Directions: Show all work, and answer each question that is asked. Explanations should be given in complete sentences. All graphs should be drawn accurately on this sheet, and be fully labeled. 1. Earlier in the semester, we found that the cost function for producing x pairs ofa particular type of skates was given by: C(x) = 752.75 +42.54x a. What is the inverse of this function? b. What does it represent? Pick one ordered pair on the graph of the...
Math 112 Written Homework: Inverse Functions Student Name: Instructor: Math 112 Section: sentences. All graphs should be drawn accurately on this sheet, and be fully labeled Earlier in the semester, we found that the cost function for producing x pairs of a particular type of skates was given by: C(x) 752.75 +42.54x. What is the inverse of this function? What does it represent? Pick one ordered pair on the graph of the inverse function, and describe what it tells you...
4, Shelby invests $700 in a bank account that earns a fixed 6% interest compounded annually. The amount in the account after t years is given by f(t) 700(1.06) a) Graph this function on your calculator in an appropriate window. Explain how you know this function has an inverse function. (Your answer should include complete sentences in contezt.,) b) Use this graph to sketch an accurate graph of the inverse function in an appropriate window. Label quantities and scales on...
2 3 and 4 b. What is the average variable cost of producing 2 units of output What is the marginal cost of producing 2 units of output? c. The following table summarizes the short-run production function for your firm. Your product sells for $5 per unit, labor costs $5 per unit, and the rental price of capital is $25 per unit. Complete the following table, and answer the questions below; 2. 1 5 10 5 30 3 5 60...
4. (25 points) Suppose there are only two firms producing widgets. The total cost function for each firm is identical and is given by T℃(a = 8h, where gi is the output of firmi A market research company has found that demand for widgets can be described by the inverse demand function P 200 2Q, where Q-q (a) (10 points) A firm's action in the Courot Duopoly game is to choose an output level. Draw each firm's reaction function as...
Suppose that students own an average of 4 pairs of jeans. 8 people from your class were surveyed to determine if the average for students in college is higher than 4. DATA TO USE: 3, 4, 4, 5, 5, 5, 7, 12 A) In words, CLEARLY state what your random variable X or P' represents. B) State the distribution to use for the test. If t, include the degrees of freedom. If normal, include the mean and standard deviation. C)...
What are the coordinates of the point (x,y)? Give the equation for the path of the ball, showing all work. Explain why you do each step. Include a screenshot of the graph of your equation (use Desmos.com), verifying that it goes through the given points. May attach to end of the document. Problem 10: The total time T (in hours) of the trip as a function of the distance x (in miles). Make sure you show all your work to...
spring 4v1H PRE-CLASS ASSIGNMENT Section 2.7 Group Number t BEFORE class, and TURN IT IN as you enter class Qi: Video The graph of the function is given below. Answer the following questions: i) Write fas the set of ordered pairs. Explain why fis a function. (ii) Write the domain (the set of inputs) and the range (the set of outputs) off. (ii) What is the output when the input is-2? (iv) What is the input when the output is-3?...