Question

The marginal cost of producing the remarkable Apple iPad Pro is ?′(?)=3?2−16?+32 million dollars when producing ? million units. By how much will the total manufacturing cost increase if the level of production is raised from 1 million to 3 million units?

Answer #1

Please comment if you have any doubts will clarify

At a certain factory, the marginal cost is 3(q - 4)2
dollars when the level of production is q units. By how much will
the total manufacturing cost increase if the level of production is
rised from 6 units to 10 units?

The marginal cost is given by 2( 3q - 1)3 dollars per unit,
where q is the level of the production. By how much will the cost
increase if the level of the production is increased from 1 to 10
units

The marginal cost C′(q) (in dollars per unit) of producing q
units is given in the following table.
q
0
100
200
300
400
500
600
C′(q)
26
22
20
26
33
38
46
Round your answers to the nearest integers.
(a) If fixed cost is $17,000, estimate the total
cost of producing 400 units.
The cost of producing 400 units is:
(b) To the nearest dollar, how much would the
total cost increase if production were increased one unit,...

A manufacturer’s marginal revenue is ? (?) = 20? 2 + 2.5?
dollars per unit when the level of production is ? units. If the
manufacturer’s revenue is $700 when the level of production is 16
units, what is the revenue, ?(?) when the level of production is 25
units?

The marginal cost of a product can be thought of as the cost of
producing one additional unit of output. For example, if the
marginal cost of producing the 50th product is $6.20, it cost
$6.20 to increase production from 49 to 50 units of output. Suppose
the marginal cost C (in dollars) to produce x thousand mp3 players
is given by the function Upper C left parenthesis x right
parenthesis equals x squared minus 120 x plus 7500.C(x) =...

7. Suppose the cost, in dollars, of producing x items is given
by the function C(x) = 1/6x3+ 2x2+ 30.
Current production is at x = 9 units.
(a) (3 points) Use marginal analysis to find the marginal cost
of producing the 10th unit.
(b) (3 points) Find the actual cost of producing the 10th
unit.

When production is 4300, marginal revenue is 3.5 dollars per
unit and marginal cost is 3.25 dollars per unit. Do you expect
maximum profit to occur at a production level above or below
4300?
equation editor
Equation Editor
(Enter above or below.)
If production is increased by 70 units, what would you estimate
the change in profit would be?
dπ≈
equation editor
Equation Editor
dollars

If C(x) is the cost of producing x
units of a commodity, then the average cost per unit is
a(x) = C(x)/x.
Consider the C(x) given below. Round your answers
to the nearest cent.
C(x) = 54,000 + 90x +
4x3/2
(a) Find the total cost at a production level of 1000
units.
.......................................$
(b) Find the average cost at a production level of 1000
units.
................................dollars per unit
(c) Find the marginal cost at a production level of 1000...

Table 16-5
This table shows the demand schedule, marginal cost, and average
total cost for a monopolistically competitive firm.
Quantity
Price
Marginal
Cost
Average
Total Cost
0
$30
--
--
1
$24
$2
$32
2
$18
$4
$18
3
$12
$6
$14
4
$6
$8
$10
5
$0
$10
$10
Refer to Table 16-5. How much profit will this
firm earn at the monopolistically competitive price?
A) $0
B) $5
C) $12
D) $16

Marginal Cost—Booz, Allen & Hamilton
Booz, Allen & Hamilton Inc. is a large management consulting
firm.* One service it provides to client companies is profitability
studies showing ways in which the client can increase profit
levels. The client company requesting the analysis presented in
this case is a large producer of staple food. The company buys from
farmers and then processes the food in its mills, resulting in a
finished product. The company sells some food at retail under its...

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