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4x-5 2x+3 Find the average cost for each of the following production levels. The total cost...
The total cost (in dollars) of manufacturing x auto body frames is C(x) = 20,000 + 500x.
The total cost (in dollars) of manufacturing x auto body frames is C(x) = 20,000 + 500x. (A) Find the average cost per unit if 50 frames are produced. (B) Find the marginal average cost at a production level of 50 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 51 frames are produced. (A) If 50 frames are produced, the average cost is $_______ per frame. (B) The marginal average cost at a production level...
Financial Mathematics Please answer question 4 and question 5 o)23:30 Oe Image Edit View Go Help En Question 4 The total cost of producing x units of a commodity per week is C(x) 200 +4x +0,1x2 (a) Fi...
Financial Mathematics
Please answer question 4 and question 5
o)23:30 Oe Image Edit View Go Help En Question 4 The total cost of producing x units of a commodity per week is C(x) 200 +4x +0,1x2 (a) Find the marginal cost when the production level is 100 units. (b) Use the marginal cost to approximate the cost of producing the 101 st unit. (c) Find the exact cost of producing the 101 st unit. (d) Assuming that the commodity is...
14. The total cost (in hundreds of dollars) to produce x units of a product is...
14. The total cost (in hundreds of dollars) to produce x units of a product is C(x) = 2x=1 Answer parts (i) and (ii) below. (1) Find C'(x), the marginal cost function. -20 20 (A) C'(x) = 2 (B) C'(x)=- (C) C'(x) = -247-8 (6x + 7)? (6x+7) m) C'()= 6*7*®C()=
5. 12 points HarMathAp11 10.3.019 My Notes Ask Your Teacher If the total cost function for...
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...
3. Carbaugh Corporation has provided the following production and average cost data for two levels of...
3. Carbaugh Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 5,900 units 6,900 units Direct materials $76.90 per unit $76.90 per unit Direct labor $51.20 per unit $51.20 per unit Manufacturing overhead $76.40 per unit $66.40 per unit The best estimate of the total cost to manufacture 6,200 units is closest to: (Do not round intermediate calculations.)
Find the total cost function Code) (in thousands of dollars) if the marginal cost in thousands...
Find the total cost function Code) (in thousands of dollars) if the marginal cost in thousands of dollars per unit) at a production level of units is c')= 0X54) and food costs are $10.000 (0)=10) Which of the following explains how to find the total cost function if the marginal costat a production level of units is c )? To find the total cost function, evaluate the indefinite integral of the marginal cost and apply the initial conditions (0) 10)....
need help with c-h please! 3/11 points| Previous Answers The total revenue and total cost functions...
need help with c-h please!
3/11 points| Previous Answers The total revenue and total cost functions for manufacturing Items are: TR(g)-5q2+80q and TC(Q)-q3-12q2+60q+60, where q is measured in hundreds of Items and total revenue and total cost are given in hundreds of dollars (a) Determine the quantity at which marginal revenue is 68 dollars per Thing 12/10 hundred Items (b) Find the largest interval on which total revenue is increasing from q- 0 to q8 hundred Items (c) Find the...
Carbaugh Corporation has provided the following production and average cost data for two levels of monthly...
Carbaugh Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 4,300 units 5,300 units Direct materials $78.90 per unit $78.90 per unit Direct labor $52.20 per unit $52.20 per unit Manufacturing overhead $77.30 per unit $68.30 per unit The best estimate of the total cost to manufacture 5,000 units is closest to: (Do not round intermediate calculations.) $1,026,490 $1,015,315 $1,008,610 $977,320
2.If C(x) is the cost of producing x units of a commodity, then the average cost...
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...
Find the marginal average cost function if cost and revenue are given by C(x)=158+3.6x and R(x)=4x−0.03x2....
Find the marginal average cost function if
cost and revenue are given by C(x)=158+3.6x and R(x)=4x−0.03x2.
The marginal average cost function is C′(x)= nothing.
Find the marginal average cost function if cost and revenue are given by C(x) = 158 + 3.6x and R(x) = 4x – 0.03x2. The marginal average cost function is '(x) = D.
Financial Mathematics
Please answer question 4 and question 5
o)23:30 Oe Image Edit View Go Help En Question 4 The total cost of producing x units of a commodity per week is C(x) 200 +4x +0,1x2 (a) Find the marginal cost when the production level is 100 units. (b) Use the marginal cost to approximate the cost of producing the 101 st unit. (c) Find the exact cost of producing the 101 st unit. (d) Assuming that the commodity is...
14. The total cost (in hundreds of dollars) to produce x units of a product is C(x) = 2x=1 Answer parts (i) and (ii) below. (1) Find C'(x), the marginal cost function. -20 20 (A) C'(x) = 2 (B) C'(x)=- (C) C'(x) = -247-8 (6x + 7)? (6x+7) m) C'()= 6*7*®C()=
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...
Find the total cost function Code) (in thousands of dollars) if the marginal cost in thousands of dollars per unit) at a production level of units is c')= 0X54) and food costs are $10.000 (0)=10) Which of the following explains how to find the total cost function if the marginal costat a production level of units is c )? To find the total cost function, evaluate the indefinite integral of the marginal cost and apply the initial conditions (0) 10)....
need help with c-h please!
3/11 points| Previous Answers The total revenue and total cost functions for manufacturing Items are: TR(g)-5q2+80q and TC(Q)-q3-12q2+60q+60, where q is measured in hundreds of Items and total revenue and total cost are given in hundreds of dollars (a) Determine the quantity at which marginal revenue is 68 dollars per Thing 12/10 hundred Items (b) Find the largest interval on which total revenue is increasing from q- 0 to q8 hundred Items (c) Find the...
Find the marginal average cost function if
cost and revenue are given by C(x)=158+3.6x and R(x)=4x−0.03x2.
The marginal average cost function is C′(x)= nothing.
Find the marginal average cost function if cost and revenue are given by C(x) = 158 + 3.6x and R(x) = 4x – 0.03x2. The marginal average cost function is '(x) = D.
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