The marginal cost of producing the x th box of CDs is given by The total cost

Fantastic news! We've Found the answer you've been seeking!

Question:

The marginal cost of producing the x ^th box of CDs is given by

The total cost to produce 2 boxes is $1,200.

Find the total cost function C ( x ).

Related Book For answer-question

Managerial Economics Theory Applications and Cases

ISBN: 978-0393912777

8th edition

Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield

See More Books

Posted Date: Nov 29, 2018 01:16 AM

See More Questions

The marginal cost of producing units of a certain product is 74 + 1.1x 0.002x2 + 0.00004x3 (in dollars per unit). Find the increase in cost if the production level is raised from 1200 units to 1600...
A dairy produces butter and ice cream. The marginal cost of producing each of these products increases as more is produced. Draw the firm's PPF. Label it PPF1. The dairy adopts a new technology that...
The Morrison Company produces tennis rackets, the marginal cost of a racket being $20. Because there are many substitutes for the firm's rackets, the price elasticity of demand for its rackets equals...
Harpo Marks Corporation produces and sells forklift trucks. Model 17A (the Chico) has a list price of $ 70,000. The production cost for the 20 finished Chicos in inventory at the end of 20X4 was $...
A new manufacturing facility will produce two products, each of which requires a drilling operation during processing. Two alternative types of drilling machines (Dl and D2) are being considered for...
The densities of air at 85C, 0C, and 100C are 1.877 g dm 3 , 1.294 g dm 3 , and 0.946 g dm 3 , respectively. From these data, and assuming that air obeys Charless law, determine a value for the...
Statement on Auditing Standards No. 62, "Special Reports," is explicit about what is meant by a comprehensive basis of accounting other than GAAP. Of the following, which is not a comprehensive basis...
All-Star Bat Manufacturing, Inc., supplies baseball bats to major and minor league baseball teams. After an initial order in January, demand over the six-month baseball season is approximately...
EEG signal levels are small, and high amplification is required. Consider an EEG signal which causes a difference of 15V between two electrodes. The room lights cause a common mode signal of 1.8V on...
What type of web server is sending packet/frame 280 of the capture? 2. What type of HTTP Status Code is the web server in packet/frame 314 sending? Google the error and provide a quote summarizing...
Complete this question by entering your answers in the tabs below. Required 1 Required 2 A company spent $5,500 to make shirts. Customer tastes have changed and the shirts cannot be sold for their...
A company begins operations in March and has the following transactions. March 1 Issue common stock for $18,000. March 5 Obtain $8,400 loan from the bank by signing a note. March 10 Purchase...
In addition to the mentoring and networking, Techstars provided $18,000 of cash to purchase what percent of the common shares? a. If you ignore the value of the non-financial support, Techstars is...
Describe the file system, or systems used by Microsoft Windows operating system.?
Write the given vector as the product of its magnitude and a unit vector. From (1, 2, 3) to (4, 2, 0)
The following transactions occurred during March 2024 for the Right Corporation. The company operates a wholesale warehouse. 1. Issued 34,000 shares of no-par common stock in exchange for $340,000 in...
Techdirt was started in 1997 by Mike Masnick and grew into a blog that analyzes and offers insight into news stories about changes in government policy, technology, and legal issues that affect...
Prove that the mean heat capacities C P H and C P S are inherently positive, whether T > T 0 or T < T 0 . Explain why they are well defined for T = T 0 .
On what ground do companies choose developing country's location for offshoring? Use examples
In 1996 dairy farmers, hurt by a decade of low milk prices, began reducing their herds. Subsequently Kenneth Hein, a Wisconsin farmer, said he was getting $16 per 100 pounds of milk, rather than $12,...
The Cherry Manufacturing Company's chief engineer examines a random sample of 10 spot welds of steel. In each case, the shear strength of the weld and the diameter of the weld are determined, the...
For the Martin Corporation, the relationship between profit and output is the following: a. What is the marginal profit when output is between 5 and 6 units per day? When output is between 9 and 10...
The mean free path $\lambda$ of a molecule of gas is the average distance it travels before collision with another molecule. It is given by \[\lambda=C \frac{m}{ho d^{2}}\] where $m$ and $d$...
A rectangular gate (width $w=2 \mathrm{~m}$ ) is hinged as shown, with a stop on the lower edge. At what depth $H$ will the gate tip? Water H 0.55 m 0.45 m P3.46 Hinge Stop
Gates in the Poe Lock at Sault Ste. Marie, Michigan, close a channel $W=34 \mathrm{~m}$ wide, $L=360 \mathrm{~m}$ long, and $D=10 \mathrm{~m}$ deep. The geometry of one pair of gates is shown;...

The marginal cost of producing the x th box of CDs is given by The total cost

Question:

8. X (x² + 1)² 8. X (x² + 1)²

Expert Answer:

Consider the marginal cost The total cost is gi... View the full answer

Managerial Economics Theory Applications and Cases

Students also viewed these mathematics questions