The total cost (in dollars) of manufacturing x auto body frames is C(x)=20,000+ 700x. (A) Find...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
The total cost (in dollars) of manufacturing x auto body frames is C(x)=20,000+ 700x. (A) Find the average cost per unit if 250 frames are produced. (B) Find the marginal average cost at a production level of 250 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 251 frames are produced. The total cost (in dollars) of producing x food processors is C(x)=2300+70x-0.1x (A) Find the exact cost of producing the 51st food processor. (B) Use the marginal cost to approximate the cost of producing the 51st food processor. The total cost (in dollars) of manufacturing x auto body frames is C(x) 20,000+800x. (A) Find the average cost per unit if 80 frames are produced. (B) Find the marginal average cost at a production level of 80 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 81 frames are produced. The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 5000 - 50p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 3300 clock radios. (D) Interpret R'(4800) = -92.00. The price-demand equation and the cost function for the production of table saws are given, respectively, by x = 6,000 -20p and C(x) = 112,000 + 70x, where x is the number of saws that can be sold at a price of Sp per saw and C(x) is the total cost (in dollars) of producing x saws. Complete parts (A) through (1) below. Let p = 22 - x and C(x) = 253 +5x, where x is the number of garden hoses that can be sold at a price of $p per unit and C(x) is the total cost (in dollars) of producing x garden hoses. (A) Express the revenue function in terms of x. (B) Graph the cost function and the revenue function in the same viewing window for 0 x484. Use approximation techniques to find the break-even points. Use the four-step process to find f'(x) and then find f'(1), f'(2), and f'(3). f(x) = 3x 6+x The total cost (in dollars) of manufacturing x auto body frames is C(x)=20,000+ 700x. (A) Find the average cost per unit if 250 frames are produced. (B) Find the marginal average cost at a production level of 250 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 251 frames are produced. The total cost (in dollars) of producing x food processors is C(x)=2300+70x-0.1x (A) Find the exact cost of producing the 51st food processor. (B) Use the marginal cost to approximate the cost of producing the 51st food processor. The total cost (in dollars) of manufacturing x auto body frames is C(x) 20,000+800x. (A) Find the average cost per unit if 80 frames are produced. (B) Find the marginal average cost at a production level of 80 units. (C) Use the results from parts (A) and (B) to estimate the average cost per frame if 81 frames are produced. The price p (in dollars) and the demand x for a particular clock radio are related by the equation x = 5000 - 50p. (A) Express the price p in terms of the demand x, and find the domain of this function. (B) Find the revenue R(x) from the sale of x clock radios. What is the domain of R? (C) Find the marginal revenue at a production level of 3300 clock radios. (D) Interpret R'(4800) = -92.00. The price-demand equation and the cost function for the production of table saws are given, respectively, by x = 6,000 -20p and C(x) = 112,000 + 70x, where x is the number of saws that can be sold at a price of Sp per saw and C(x) is the total cost (in dollars) of producing x saws. Complete parts (A) through (1) below. Let p = 22 - x and C(x) = 253 +5x, where x is the number of garden hoses that can be sold at a price of $p per unit and C(x) is the total cost (in dollars) of producing x garden hoses. (A) Express the revenue function in terms of x. (B) Graph the cost function and the revenue function in the same viewing window for 0 x484. Use approximation techniques to find the break-even points. Use the four-step process to find f'(x) and then find f'(1), f'(2), and f'(3). f(x) = 3x 6+x
Expert Answer:
Related Book For
College Mathematics For Business Economics Life Sciences And Social Sciences
ISBN: 9780321945518
13th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen
Posted Date:
Students also viewed these mathematics questions
-
The total cost (in dollars) of manufacturing x auto body frames is C(x) = 60,000 + 300x (A) Find the average cost per unit if 500 frames are produced. (B) Find the marginal average cost at a...
-
You are the Accounts Clerk for B2B Enterprises.You have been asked to complete the banking questions and bank reconciliation tasks below.To Do all tasks, the B2B EnterprisesOrganisationalPolicies and...
-
Consider a two-stage cascade refrigeration system operating between the pressure limits of 1.2 MPa and 200 kPa with refrigerant-134a as the working fluid. The refrigerant leaves the condenser as a...
-
At the beginning of the current tennis season, on April 1, 2024, Kicked-Back Tennis Shops inventory consisted of 50 tennis racquets at a cost of $40 each. Kicked-Back uses a perpetual inventory...
-
In Exercises 1 to 4, it may be helpful to draw a figure such as Figure 5.5. Figure 5.5. Using the normal curve table, determine the area of the standard normal distribution that is less than the...
-
In its annual report, Phono Corporation reported beginning total assets of $360,000, ending total assets of $406,000, beginning fixed assets of $300,000 (at cost), ending fixed assets of $311,000 (at...
-
Armando Corporation consists of two manufacturing divisions: Crater Division and Dollar Division. The Crater Division manufactures and transfers partially processed components to the Dollar Division...
-
Professor E is looking to form a team of crime fighting superheroes and superheroines. He looks around his local campus for students with extraordinary superpowers. Aubrey, a student with super...
-
Jensen's opening statement: "In most industrialized nations today, economists, management scholars, policy makers, corporate executives, and special interest groups are engaged in a high-stakes...
-
A company invests $500,000 at the beginning of the year. It withdraws $45,000 at the beginning of the second quarter, and $55,000 at the beginning of the third quarter. The company invested an...
-
Explain the payback period statistic. What is the acceptance benchmark when using the payback period statistic
-
A car dealership advertised a sport utility vehicle for sale at $35,000. The same vehicle could also be leased for 5 years at $375 per month based on a $9000 down payment and a residual value of...
-
1.Explain how differences in allocations between the risk-free security and the market portfolio can determine the level of market risk.
-
Despite the simple sounding statement, "Everyone has a right to education", education is a complex topic. If you've followed American news, you've seen the challenges the new presidential...
-
What are current assets and current liabilities? How are they different from non-current assets and non-current liabilities?
-
Explain the building blocks of accounting: ethics, principles, and assumptions.
-
On May 1, 2025, Park Flying School Ltd., a company that provides flying lessons, was started with an investment of 45,000 cash in the business. Following are the assets and liabilities of the company...
-
The historical cost basis results in: a. initially recording assets at cost and adjusting when the current value changes. b. keeping activities of an entity separate and distinct from its owner. c....
Study smarter with the SolutionInn App