Suppose that the total cost in dollars of producing x units of a product is given by
Question:
C(x) = 10,000 + 20xex/600
Find the marginal cost when 600 units are produced.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (18 reviews)
Cx 10000 20xe x600 C...View the full answer
Answered By
Keziah Thiga
I am a self motivated financial professional knowledgeable in; preparation of financial reports, reconciling and managing accounts, maintaining cash flows, budgets, among other financial reports. I possess strong analytical skills with high attention to detail and accuracy. I am able to act quickly and effectively when dealing with challenging situations. I have the ability to form positive relationships with colleagues and I believe that team work is great key to performance. I always deliver quality, detailed, original (0% plagirism), well-researched and critically analyzed papers.
4.90+
1504+ Reviews
2898+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
Suppose that the total cost (in dollars) of producing a product is C(x, y) = 25 + 2x2 + 3y2, where x is the cost per pound for material and y is the cost per hour for labor. (a) If material costs are...
-
Suppose that the total cost (in dollars) for a product is given by C(x) = 1500 + 200 ln (2x + 1) where x is the number of units produced. (a) Find the marginal cost function. (b) Find the marginal...
-
The manager of a small company that produces roof tile has determined that the total cost in dollars, C(x), of producing x units of tile is given by C(x) = 200x + 1000, while the revenue in dollars,...
-
Desmond died on 18 July 2017, having made no transfers in the previous seven years. He left his entire estate to his wife Emily, including the family home valued at 420,000. Emily died on 9 May 2020,...
-
If there were no air resistance, how long would it take a free-falling parachutist to fall from a plane at 3200m to an altitude of 350, where she will pull her ripcord? What would her speed be at...
-
Arm AB has a constant angular velocity of 16 rad/s counterclockwise. At the instant when = 90?, determine the acceleration (a) Of collar D, (b) Of the midpoint G of bar BD. 60 mm 200 mm D 120 mm
-
The mean speed of vehicles along a stretch of highway is 56 miles per hour with a standard deviation of 4 miles per hour. You measure the speeds of three cars traveling along this stretch of highway...
-
Mary Walker, president of Rusco Company, considers $14,000 to be the minimum cash balance for operating purposes. As can be seen from the following statements, only $8,000 in cash was available at...
-
Pharoah Company operates a small factory in which it manufactures two products: A and B. Production and sales results for this year were as follows: A B Units sold 9,200 18,300 Selling price per unit...
-
When a country specializes in the production of a good, this means that it can produce this good at a lower opportunity cost than its trading partner. Because of this comparative advantage, both...
-
1. Sales decay After the end of an advertising campaign, the sales of a product are given by S = 100,000e-0.5t where S is weekly sales in dollars and t is the number of weeks since the end of the...
-
Suppose that the revenue in dollars from the sale of x units of a product is given by R(x) = 1000xe-x/50 Find the marginal revenue function.
-
On January 15, Tundra Co. sold merchandise to customers for cash of $42,000 (cost $28,500). Merchandise costing $10,500 was sold to customers for $15,800 on January 17; terms 2/10, n/30. Sales...
-
If a companys response to a social media review is so influential, why do experts recommend that companies receiving complaints by tweet communicate with the customer privately, not in public where...
-
After receiving an extremely negative review on TripAdvisor, a popular restaurant in a resort area posted this response: La Brochette Restaurants personnel is positive that this review is suspicious...
-
You establish the following details in connection with the property, plant & equipment of Snoding Ltd for the year ended 30 June 2024: Freehold land that originally cost 50,000 was revalued for the...
-
Darius Lowe gives you the following information as at 31 March 2024: His mark-up is 40% on cost of goods sold. His average inventory during the year was 14,000. Draw up an income statement for the...
-
The equity section of the balance sheet of Halmera Ltd as at 31 March 2023 was as follows: During the year ended 31 March 2024, the following events took place: (i) A 1-for-3 rights issue of ordinary...
-
Why is conceptual competence more important for top managers than for first-level supervisors?
-
Repeat Exercise 16.6 using the t-test of the coefficient of correlation. Is this result identical to the one you produced in Exercise 16.6?
-
(a) Suppose f is a one-to-one differentiable function and its inverse function f -1 is also differentiable. Use implicit differentiation to show that Provided that the denominator is not O (b) If...
-
(a) Show that f(x) = 2x + cos x is one-to-one. (b) What is the value of f 1(1)? (c) Use the formula from Exercise 67(a) to find (f 1) (1)
-
The figure shows a lamp located three units to the right of the -axis and a shadow created by the elliptical region x2 + 4y2 x+ 4y = 5
-
If you were to enter the banking industry, you might find yourself approving or not approving loans. The following is a good example of a common event you could encounter. Company X is looking for...
-
You see a two year bond with annual coupon rate of 8% that has these flows. Years ahead Cashflows 0 ?? 0.25 0 0.5 0 0.75 1 1.25 1.5 1.75 2 8 0 0 0 108 You will be asked to calculate its price at...
-
Use synthetic division and the Remainder Theorem to evaluate P(c). P(x) = 6x + 5x +9, c = 11/1 P(1) =
Study smarter with the SolutionInn App