The marginal average cost of producing x smart watches is given by where C (x) is the
Question:
The marginal average cost of producing x smart watches is given by
where C ̅(x) is the average cost in dollars. Find the average cost function and the cost function. What are the fixed costs?
Transcribed Image Text:
5,000 C'(x): C(100) = 250
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (12 reviews)
To find the average cost function we can integrate the marginal av...View the full answer
Answered By
BillClinton Muguai
I have been a tutor for the past 5 years. I have experience working with students in a variety of subject areas, including computer science, math, science, English, and history. I have also worked with students of all ages, from elementary school to college. In addition to my tutoring experience, I have a degree in education from a top university. This has given me a strong foundation in child development and learning theories, which I use to inform my tutoring practices.
I am patient and adaptable, and I work to create a positive and supportive learning environment for my students. I believe that all students have the ability to succeed, and it is my job to help them find and develop their strengths. I am confident in my ability to tutor students and help them achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted:
Students also viewed these Mathematics questions
-
What are budgeted fixed costs at normal volume?
-
The average cost of producing x units of a product is C 600ex/600 dollars per unit. What is the marginal cost when 600 units are produced?
-
The cost of producing x smart phones is C(x) = x2 + 400x +2000. (a) Use C(x) to find the average cost of producing 1000 smart phones. (b) Find the average value of the cost function C(x) over the...
-
How could sales force automation affect salesperson productivity, marketing management, and competitive advantage?
-
Define original issue discount (OID). Under what circumstances are the OID rules applied?
-
I have received your message of May 6 asking whether or not our company was able to manufacture custom metric fasteners for you. You inquired about whether we could provide a custom solution to your...
-
The figure below shows the results of a survey in which 1000 adults were asked how much they spend in preparation for personal travel each year. Make a frequency distribution for the data. Then use...
-
Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between a grocery chain such as Safeway and a steel company? Think particularly about...
-
How is Islamic banking different from Conventional banking? Please provide an example. Explain the main products offered by the Islamic Banks. provide some examples.
-
Calculating Depreciation A piece of newly purchased industrial equipment costs $925,000 and is classified as seven-year property under MACRS. Calculate the annual depreciation allowances and...
-
A company is trying to expose a new product to as many people as possible through TV ads. Suppose that the rate of exposure to new people is proportional to the number of those who have not seen the...
-
The rate at which the total amount of money put into an advertising campaign is changing is given by A(t) where t is the number of days since the campaign began. What does represent? .7 A'(t) dt
-
Following are the names of five coordination compounds containing complexes with platinum(II) as the central metal ion and ammonia molecules and or chloride ions as ligands: (a) Potassium...
-
Walmart created the Great Value brand for their food products and the Equate brand for their pharmacy, health, and beauty products. Walmart does not manufacture any of these products. Which type of...
-
Suppose there is a uniformly charged, infinitely tall metal surface. The surface charge density is -4.0 x 10^-10 C/m2. An electron is 1.5 meters away from the wall and is launched directly at it with...
-
ABCIT company upper management decided to upgrade the internal communication program of the company. They assigned you to lead the project. They want the new communication system to have more...
-
1. A basketball rolls down a ramp from rest with an acceleration of 2.5 m/s due to grav- up the ramp with an initial velocity of ity. At the same time, a tennis ball starts to roll 3.7 m/s and the...
-
Business Income may be earned by : Question 1 options: Sole Proprietor Corporation Partnership All of the above Question 2 (1 point) Business Income earned by an Individual is included Question 2...
-
You own a portfolio that is 15 percent invested in Stock X, 40 percent in Stock Y, and 45 percent in Stock Z. The expected returns on these three stocks are 10 percent, 13 percent, and 15 percent,...
-
According during to the IRS, individuals filing federal income tax returns prior to March 31 received an average refund of $1,088 in 2018. Consider the population of "last-minute" filers who mail...
-
In Problem, graph the equations in the same coordinate system. Find the coordinates of any points where two or more lines intersect and discuss the nature of the solution set. 2x + 3y = 18 2x - 6y =...
-
Repeat Problem 55 for the following systems: (A) 6x - 5y = 10 -13x + lly = -20 (B) 6x - 5y = 10 -13x + lOy = 20 (C) 6x - 5y = 10 -12x + lOy = -20
-
Suppose that the supply and demand for printed baseball caps for a particular week are Price-supply equation Price-demand equation where p is the price in dollars and q is the quantity in hundreds....
-
Explain the concept of hybrid thread models in operating systems. How do they attempt to combine the benefits of user-space and kernel-space threading ?
-
Describe the characteristics of the six stages of development for intimacy in a romantic relationship using a real or hypothetical example to illustrate the general developmental path.
-
Consider the following payoff matrix: Player 1 Strategy B Strategy A Strategy A (4,3) (6,2) Player 2 Strategy B (3,5) (2,4) Is the payoff matrix symmetric (Yes or No)?
Study smarter with the SolutionInn App