The total cost function for a product is C(x) = 600 In(x + 10) + 1700...
pping Bag x Student Home 2 HW 5.5 - Other Applications - X The Total Cost Function c w ebassign.net/web/Student/Assignment-Responses/submit?dep#22973120&tags autosave#question 4024639 5 Gmail - YouTube X Maps Page 3 of student.... 0.19/0.39 POINTS PREVIOUS ANSWERS 2/30 Submissions Used The total cost function for a product is C(x) = 675 In(x + 10) + 1600 where x is the number of units produced. (a) Find the total cost of producing 200 units. (Round your answer to the nearest cent.) $...
The total revenue function for a product is given by R=655x dollars, and the total cost function for this same product is given by C=19,250+70x+x2, where C is measured in dollars. For both functions, the input x is the number of units produced and sold. a. Form the profit function for this product from the two given functions. b. What is the profit when 25 units are produced and sold? c. What is the profit when 43 units are produced...
wll result in a maximum proit? (10 marks) QUESTION5 a) Suppose that the total cost of producing 1 unit of a product is given by C(x, y)-20x +70y+ 5 dollars, where x represents the cost per Ringgit of raw 1000 100 materials and y represents the hourly rate for labor. The present cost for raw materials is RM11 per pound and the present hourly rate for labor is RM20. i. Indicate how to use the cost function C to determine...
5. 12 points HarMathAp11 10.3.019 My Notes Ask Your Teacher If the total cost function for a product is C(x) = 240(0.02x + 5)3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost? units Find the minimum average cost per unit. Submit Answer Save Progress 6. -12 points HarMathAp11 10.3.025 My Notes Ask Your Teacher If the profit function for a product is P(x) = 2700x + 120x2-x3-242,000 dollars, selling...
nsid If the total cost function for a product is C(x) = 810 + 0.1x2 dollars, producing how many units, x, will result in a minimum average cost per unit? units x40 d Find the minimum average cost per unit. $103 Aleed Hln
The cost function for production of a commodity is C(x) = 335 + 24% - 0.05x2 + 0.0006x3. (a) Find C'(100) Interpret c'(100) This is the rate at which costs are increasing with respect to the production level when x = 100. This is the cost of making 100 items. This is the amount of time, in minutes, it takes to produce 100 items. This is the rate at which the production level is decreasing with respect to the cost...
please do all three parts:)thanks a ton Cost, revenue, and profit are in dollars and x is the number of units. The average cost of a product changes at the rate C'(x) = -8x-2 + and the average cost of 8 units is $12.00. (a) Find the average cost function. T(X) = (b) Find the average cost of 16 units. (Round your answer to the nearest cent.) Cost, revenue, and profit are in dollars and x is the number of...
The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must be produced to break even. R(x)=200x- x2, C(x)=20x+6500, 0 less than or equals X less than or equals 100.The manufacturer must produce ---- units to break even.
The total revenue function for a certain product is given by The total revenue function for a certain product is given by R=630x dollars, and the total cost function for this product is C = 10,000+ 30x + x2 dollars, where x is the number of units of the product that are produced and sold. a. Find the profit function. b. Find the number of units that gives maximum profit. c. Find the maximum possible profit. a. P(x)= (Simplify your...
1)A linear cost function is C(x) = 6x + 450. (Assume C is measured in dollars.) (a) What are the slope and the C-intercept? slope C-intercept (b) What is the marginal cost MC ? MC= What does the marginal cost mean? Each additional unit produced costs this much (in dollars). If production is increased by this many units, the cost decreases by $1. Each additional unit produced reduces the cost by this much (in dollars). If production is increased...