Question-1
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the average cost function is given by
to find the marginal average cost take derivative
take x=5 items
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Question-2
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take derivative
take x=2
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D Question 1 1 pts If the cost of a certain product is given by C(x)...
Question s (20 pts) For a certain manufacturer, the demand function is given by P-34 and the total cost function is TC 357q2+1800q, find: a) Total Revenue function (4 pts) b) Profit function (5 pts) c) Marginal profit function (4 pts) d) Marginal revenue function (4 pts) e) Marginal Cost function (3 pts) +600g Question 6 (20 pts) a. Given a marginal cost function: 0.000204q-0.046q + 6. When the fuxed cost s $15,000, find the total cost for producing 200...
36. Revenue Suppose that the revenue function for a certain product is given by R(x) = 15(2x + 1)-1 + 30x – 15 where x is in thousands of units and R is in thousands of dollars. (a) Find the marginal revenue when 2000 units are sold. (b) How is revenue changing when 2000 units are sold?
Find the equation of the tangent line to the curve when x has the given value. 7) f(x) = 4,x=5 8) f(x) = }x=3 11) Solve the problem. 11) The profit in dollars from the sale of thousand compact disc players is P(x) = x3 - 5x2 + 3x + 8. Find the marginal profit when the value of x is 6. 12) 12) Ir the price of a product is given by Px) E 1200, where x represents the...
Please solve all of them. 7. The revenue function for a product is given by 60x2 R(x) = 2x+1 a. Find the marginal revenue function The price of a product in a competitive market is $300. The cost per unit of producing the product is 160 + 0.1% dollars, where x is the number of units produced per month a. Find the marginal cost function. b. Find the marginal revenue function b. Find MR(100) and interpret your results. c. Find...
Question 1 1 pts Find the derivative of f(x) = cos(sin(3x)). Of"(x) --cos(3x) sin(sin(3x)) O f'() -- 3cos(3x) sin(sin(3x)) Of'(x) - 3cos(3x) sin(cos(3x]) f'x) --sin(3x) cos(cos(3x)) Question 2 1 pts Find the derivative of f(x) = cos(x^2 + 2x). Of "(x)=2x+2 sin(x^2 + 2x) O f'(x)= x^2 sin(x^2+2x) Of"(x)= (2x+ 2) sin(x^2 + 2x) f'(x)= -(x^2 + 2) sin(x^2 + 2x) O f'(x)--(2x + 2) sin(x^2 + 2x) Question 3 1 pts Use implicit differentiation to find the slope of...
3) The cost equation for a cookie store is given by C(x) = x3 - 6x2 + 250, where x is the number of cookies made (in dozens) and C(x) is the cost in dollars. Use the first-derivative test to find when relative extrema occur. 40x 4) A new book has its monthly revenue given by R(x) = 704 where x is the number of x2 + 25 months after its release and R is in thousands of dollars. Find...
(1 point) The price-demand and cost functions for the production of microwaves are given as P=240- C(x) = 46000 + 40., is the number of microwaves that can be sold at a price of p dollars per unit and C where units. ) is the total cost (in dollars) of producing (A) Find the marginal cost as a function of C'(x) = (B) Find the revenue function in terms R(x) = (C) Find the marginal revenue function in terms of...
2.If C(x) is the cost of producing x units of a commodity, then the average cost per unit is c(x) = C(x)/x. Consider the cost function C(x) given below. C(x) = 24,000 + 290x + 6x3/2 (a) Find the total cost at a production level of 1000 units. (Round your answer to the nearest cent.) $ (b) Find the average cost at a production level of 1000 units. (Round your answer to the nearest cent.) $ per unit (c) Find...
(1 point) A company finds that the rate at which the quantity of a product that consumers demand changes with respect to price is given by the marginal-demand function D'(x) = -2000 where x is the price per unit, in dollars. Find the demand function if it is known that 105 units of the product are demanded by consumers when the price is 20 dollars per unit. Demand function D(x) = (1 point) Find the area under the curve 2x-1...
Introduction to Calculus in Economics (continued): In the previous Problem Set question, we started looking at the cost function C (x), the cost of a firm producing 2 items. An important microeconomics concept is the marginal cost defined in (non-mathematical introductory) economics as the cost of producing one additional item. If the current production level is o items with cost C(2), then the cost of computing h additionial items is C (x +h). The average cost of those h items...