Question: If the cost function for a commodity is C(x) = x3 - 12x2 + 63x + 15 graph the marginal cost function.

If the cost function for a commodity is
C(x) = x3 - 12x2 + 63x + 15
graph the marginal cost function.

Step by Step Solution

★★★★★

3.55 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Cx x 3 12x 2 63x ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1386-M-C-L-A-D(3951).docx

120 KBs Word File

Students Have Also Explored These Related Calculus Questions!

Q:

If the cost function for a commodity is C(x) = 1/90 x3 + 4x2 + 4x + 10 dollars find the marginal cost at x = 3 units and tell what this predicts about the cost of producing 1 additional unit and 2...

Q:

If the cost function for a commodity is C(x) = 300 + 4x + x2 graph the marginal cost function.

Q:

If the supply function for a commodity is p = q2 + 8q + 16 and the demand function is p = - 3q2 + 6q + 436, find the equilibrium quantity and equilibrium price?

Q:

1. In the late 1900s, the relationship between the domestic market shares of three major U.S. manufacturers of cars and light trucks could be modeled by x3 = 0.66 2.2x1 0.02x2 where x1, x2, and x3...

Q:

Use Theorem 9.2.2 to find the values of x that maximize/minimize the functions given by the following formulas: (c)y = ln x - 5x, for x > 0 In Example 9.3.4, suppose that P(Q) = a - Q, and assume...

Q:

9. [1/3 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 9.6.038. The revenue in dollars from the sale of x units of a product is represented by the following formula. (Round your answers to the nearest...

Q:

please provide complete solutions, box your final answer Answer the following problems. Show your solution for every item. l. Suppose the cost function of a commodity is C(x) = 8x + 3 and the price...

Q:

20. [-/5 Points] DETAILS LARPCALCLIM4 2.2.095. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER The revenue R (in millions of dollars) for a company from 2003 through 2016 can be modeled by R = 6.213t3 -...

Q:

help with 2. if this question is too long please answwr half and i will post the other half. thank you :)) 2. The graph below shows three hoquants for a business fim, corresponding to outputs of 48,...

Q:

Read the Chapter 9 Case Exercise: Cost Functions. Using the information, write a 1-3 page paper which addresses Exercise Questions 2 through 6, and 8. Introduction : Introduce, describe, and/or...

Q:

Why would a person be allergic to strawberries when he eats them but show a negative skin test to them?

Q:

What is the rationale underlying the doctrine of the election of remedies?

Q:

Acetate. Inc, has equity ( S ) with a market value of $ 7 5 million and debt ( B ) with a market value of $ 2 5 million. Risk - free rate ( cost of debt capital ) is 3 % per year, and the expected...

Q:

5. Suppose there was a massive increase in the price of oil. As a result, the cost of shipping commodities between countries significantly increases. Compare and contrast the effects of this scenario...

Q:

Using the results of Exercise 11-16, fit the model Y = Bx + E to the chloride concentration-roadway area data in Exercise 11-11. Plot the fitted model on a scatter diagram of the data and comment on...

Q:

Consider the data from Exercise 11-1 on x = compressive strength and y = intrinsic permeability of concrete. (a) Test for significance of regression using a = 0.05. Find the P-value for this test....

Q:

Consider the data from Exercise 11-2 on x = roadway surface temperature and y = pavement deflection. (a) Test for significance of regression using a = 0.05. Find the P-value for this test. What...

Q:

You have the following data on Bravo, plc for the year 2018: Income Statement for the year to 31/12/2018 '000 Revenue (all credit sales) 1,850 Cost of Sales (Purchases) (1,350) Gross Profit 500...

Q:

Discuss and give a detailed explanation about the company's cash flow from 2019 to 2021. 12 months ended: Jan 31, 2021 Jan 31, 2020 Jan 31, 2019 Consolidated net income 13,706 15,201 7,179...

Q:

e question will save this response Question 1 of 27 Question 1 2 points Suppose you invest in a municipal bond that pays a yield of 5%. If your marginal tax is 23%, what is the equivalent yield on...