Question

The total cost function for a product is

* C*(

where *x* is the number of units produced.

(a) Find the total cost of producing 300 units. (Round your
answer to the nearest cent.)

$

(b) Producing how many units will give total costs of $8500? (Round
your answer to the nearest whole number.)

units

Answer #1

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If the total cost function for a product is C(x) = 8(x + 5)3
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If the total cost function for a product is C(x) = 9(x + 3)^3
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a) x= ?
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The monthly demand function for x units of a product
sold by a monopoly is
p = 6,100 −
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is C = 3,030 + 2x dollars. Production is
limited to 100 units.
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b) Find the number of units that maximizes profits. (Round your
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The cost of producing x units of a product is modeled by the
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(a) Find the average cost function C
(b) Find the minimum average cost analytically. Use a graphing
utility to confirm your result. (Round your answer to two decimal
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The cost of producing x units of a product is modeled
by the following.
C = 130 + 35x − 150
ln(x), x
≥ 1
(a)
Find the average cost function C.
C =
(b)
Find the minimum average cost analytically. Use a graphing
utility to confirm your result. (Round your answer to two decimal
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The total cost of producing x units of a product is estimated by
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C = f(x) = 60x + 0.2x2 + 25,000
where C equals total cost measured in dollars.
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c) What is the cost associated with producing zero units? What
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. The total cost function for a product is ?(?) = 15? + 600, and
the total revenue is R(x) = 20x, where x is the number of units
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b) Find the marginal revenue
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e) Find the marginal profit and explain what it means 9.
*please show all work*

Suppose a company has fixed costs of $2400 and variable costs
per unit of 15/16 x + 1700 dollars, where x is the total number of
units produced. Suppose further that the selling price of its
product is 1800 − 1/16 x dollars per unit.
(a) Find the break-even points. (Enter your answers as a
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1. In this problem, p and C are in dollars and
x is the number of units.
A monopoly has a total cost function
C = 1000 + 216x + 0x2 for
its product, which has demand function p = 648 ?
3x ? 2x2.
Find the consumer's surplus at the point where the monopoly has
maximum profit. (Round your answer to the nearest cent.)
2. In this problem, p is in dollars and x is
the number of units....

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