The total cost (in dollars) of producing x food processors is C(x) = 2,000 + 50x -
Question:
The total cost (in dollars) of producing x food processors is
C(x) = 2,000 + 50x - 0.5x2
(A) Find the exact cost of producing the 21st food processor.
(B) Use marginal cost to approximate the cost of producing the 21st food processor.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (5 reviews)
Cx 2000 50x 05x A Exact cost g 21st food proc...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
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
-
Suppose that the total cost in dollars of producing x units of a product is given by C(x) = 10,000 + 20xex/600 Find the marginal cost when 600 units are produced.
-
Jacques asks why the total cost in a basket purchase has to be allocated to the individual assets. For example, if we purchase land and a building for $250,000, why can we not just debit an account...
-
The total cost in thousands of dollars of producing 'x' units of a certain commodity is C(x) = 25x2 +130x +12 Find the marginal cost when 10 units are produced $630000 $3812000 $630 O $3812
-
Find r(t) and v(t) given a(t) and the initial velocity and position. a(t) = (t, 4), v(0) = (3,-2), r(0) = (0,0)
-
Individuals have two kidneys, but most of us need only one. People who have lost both kidneys through accident or disease must be hooked up to a dialysis machine, which cleanses waste from their...
-
What are the characteristics of simple linear regression? Provide an example in which this method might be appropriate.
-
How are service department costs charged to responsibility centers?
-
For Roche Inc., variable manufacturing overhead costs are expected to be $20,000 in the first quarter of 2014, with $5,000 increments in each of the remaining three quarters. Fixed overhead costs are...
-
The Georgian Medical Clinic can purchase a new computer system that will save $4,000 annually in billing costs. The computer system will last for twelve years and have no salvage value. Click here to...
-
You have an appointment to see George Kirby, sales office manager of Plastic Foods Ltd, with regard to the hire of a Mordex photocopier. You are bristling with anticipation as you know the present...
-
In Problem find the indicated quantities for y = f(x) = x 2 + x. [f(x 1 + x) - f(x 1 )] / x for x 1 = 1 and x = 2.
-
In Problem find the indicated quantities for y = f(x) = x 2 + x. x, y, and y/x for x 1 = 1 and x 2 = 3
-
Visions design engineers recently invented a new type of adjustable golf tee and filed one application for a patent for this invention and a new type of microwave oven to be used in the hotels...
-
What responsibilities are imposed on the auditor by the Single Audit Act Amendment and by OMB Circular A-133, "Audits of States, Local Governments, and Nonprofit Organizations."
-
After observing a physical inventory, an auditor compared the physical inventory counts with the perpetual inventory records and noted apparent shortages that were materially larger than those found...
-
A final independent review of the audit working papers is normally done by: a. The engagement partner. b. The chief technical partner of the office conducting the audit. c. A partner not otherwise...
-
Which governmental entities are required to have a single audit?
-
To whom are reports on compliance with laws and regulations typically distributed?
-
Christopher died in 2013 and is survived by his wife, Chloe, and their 18-year-old son, Dylan. Chloe is the executor of Christopher's estate and maintains the household in which she and Dylan live....
-
Reread the discussion leading to the result given in (7). Does the matrix sI - A always have an inverse? Discuss.
-
Registered Retirement Savings Plan are retirement plans that defer taxes. Many Canadians rely on these plans for their retirement. To measure how these are doing, a random sample of 60-yearold...
-
How much do American families spend on entertainment each month. A survey was conducted and the amounts spent on entertainment in the previous month were recorded. Assuming that the population...
-
The rising cost of electricity is a concern for homeowners. An economist wanted to determine how much electricity has increased over the past 5 years. A survey was conducted with the percentage...
-
The Bensington Glass Company entered into a loan agreement with the firm s bank to finance the firm s working capital. The loan called for a floating rate that was 2 6 basis points ( 0 . 2 6 percent...
-
Briefly explain the general purpose of each of the two financial statements (the performance statement and the position statement) and the usefulness of each of them for the business in the case...
-
_________ is the step-by-step process by which a decision tree is constructed a. Recursive partitioning b. Recursive joining c. non - Recursive partitioning d, non - Recursive joining
Study smarter with the SolutionInn App