& The cost of producing & units is C(x) = 200+755 – 300 lux (a) Find...
The cost of producing x units of a product is modeled by the following. C = 110 + 45x – 180 In(x), X21 (a) Find the average cost function C. o (b) Find the minimum average cost analytically. Use a graphing utility to confirm your result. (Round your answer to two decimal places.)
The cost of producing x units of a product is modeled by the following. C = 120 + 45x – 150 In(x), x 21 (a) Find the average cost function T. = (b) Find the minimum average cost analytically. Use a graphing utility to confirm your result. (Round your answer to two decimal places.)
If the total cost function for producing x lamps is C(x) = 90 + 34x + 0.1x2 dollars, producing how many units, x, will result in a minimum average cost per unit? units Find the minimum average cost per unit. $
If the total cost function for producing x lamps is C(x) = 3920 + 36x + 0.8x? dollars, producing how many units, x, will result in a minimum average cost per unit? X units Find the minimum average cost per unit. $
Consider the cost function C(x) = 9500 + 4000x for producing x widescreen TV’s Find the change in cost when production changes from 200 to 300 TV’s. Find the average rate of change of cost for this change in production levels.
Find the minimum cost of producing 50,000 units of a product, where x is the number of units of labor (at $84 per unit) and y is the number of units of capital (at $48 per unit). (Round your answer to two decimal places.) P(x, y) = 100x0.6 0.4
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...
15) The cost of producing x units of a commodity per week is C(x) = 0.2x3 - 18x2 + 32x +200 Find all values of x where C"(x) - 0. How are these levels of production related to the graph of the marginal cost? A) X= 3. It corresponds to a maximum on the graph of C'(x). B) x - 30. It corresponds to a point of inflection on the graph of C'(x). C)x= 30. It corresponds to a minimum...
NUMBER 26 26. The cost of producing x units of a commodity is given by. TCU) = 100 + 402 – 2x a. Derive the following functions: FC - VC = AFC= Avc= ATC= b. Find TC(101) - TC(100) c. Find TC(x + 1) - TC(x), and explain in words what this means, 27. Consider the following inverse demand function: P = 200 - 40. Graph out the total revenue function in excel 28 Find the inverse demand function and...
plz help part A part b part c Find the number of units x that produces a maximum revenue R. 1,000,000x 0.02x2 + 450 units Find the number of units x that produces the minimum average cost. (Round your answer to the nearest whole unit.) C = 1000x - x2900 - X units The Widgets Unlimited Company analyzes its cost and pricing for x units of production (volume). They build a model of the demand (pricing) function in US $:...