If the monthly marginal cost for a product is MC = x + 30 and the related
Question:
Cost, revenue, and profit are in dollars and x is the number of units.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 87% (8 reviews)
From the fact that ...View the full answer
Answered By
Sandhya Sharma
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
119+ Reviews
214+ 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
-
If the daily marginal cost for a product is MC = 2x + 100, with fixed costs amounting to $200, find the total cost function for each day. Cost, revenue, and profit are in dollars and x is the number...
-
Suppose that the marginal cost for a product is MC = 60x + 1 and its fixed cost is $340.00. If the marginal revenue for the product is MR = 80x, find the profit or loss from production and sale of...
-
If the marginal cost for a product is MC = 4x + 2 and the production of 10 units results in a total cost of $300, find the total cost function. Cost, revenue, and profit are in dollars and x is the...
-
Tory Company sells a single product. Troy estimates demand and costs at various activity levels as follows: How much profit will Troy have if a price of $45 is charged? Units Sold Price Total...
-
One mole of a certain gas is contained in a vessel of volume V = 0.250 1. At a temperature T1 = 300 K the gas pressure is Pl = 90 atm, and at a temperature T2 = 350 K the pressure is p2 = 110 atm....
-
Assume that iRobot is trying to develop a home health care robot. This robot would help the elderly around the house with basic tasks such as reminders to take medicines and basic cleaning. Describe...
-
What are the advantages and disadvantages of judgmental sampling?
-
On August 1, 2010, Pereira Corporation has ready for sale 2,000 Wiglow instruments. During the next 5 months, 1,600 Wiglows are sold at $460 each with a one-year warranty. Pereira estimates that the...
-
15 (A) 155 Find the slope of the following linear equation: (B) - 5 3 X - 2 - 1 2 15 (C)- 4 4 = 0 15 (D) 8 Find the intercept of the following linear equation: (A) 155 18 (B) 54 3 2 1 4x-5-2=0 (C) -...
-
2. P3-1C. Monique VanWyk started an office service company called Monique's Office Services. She began her operations in March 2022 and completed eight transactions, including her initial investment...
-
If consumption is $6 trillion when disposable income is $0 and if the marginal propensity to consume is dC/dy = 1/y + 1 + 0.4 find the national consumption function.
-
If consumption is $5.8 trillion when disposable income is $0 and if the marginal propensity to consume is dC/dy = 1/2y + 9 + 0.8 find the national consumption function.
-
Which symbol is used in a flowchart to represent an output task? a. Circle b. Oval c. Parallelogram d. Rectangle
-
How does the intricate interplay between chromatin remodeling complexes and epigenetic modifications regulate gene expression in multicellular organisms, and what implications does this have for...
-
What are invasion of privacy issues usually deals with the unpermitted use of a person's name or likeness for another's benefit or advantage?
-
adiscuss the dynamic interplay between mitochondrial dynamics, bioenergetics, and cellular metabolism, and how disturbances in these processes contribute to the pathogenesis of metabolic disorders,...
-
What are the molecular mechanisms underlying the regulation of circadian rhythms at the transcriptional, translational, and post-translational levels, and how do disruptions in these processes impact...
-
Imagine a market with a demand function of QD = 12 - P and a supply function of QSP 2. If the price is $4, find the consumer surplus (CS), producer surplus (PS), dead weight loss (DWL), and the...
-
Perform each operation, if possible. -1 -3 2 5. 2 8.
-
A sprinkler head malfunctions at midfield in an NFL football field. The puddle of water forms a circular pattern around the sprinkler head with a radius in yards that grows as a function of time, in...
-
(a) Cavalieris Principle states that if a family of parallel planes gives equal cross-sectional areas for two solids S1 and S2, then the volumes of S1 and S2 are equal. Prove this principle. (b) Use...
-
Find the volume common to two circular cylinders, each with radius r, if the axes of the cylinders intersect at right angles.
-
Find the volume common to two spheres, each with radius r, if the center of each sphere lies on the surface of the other sphere.
-
1. Q: What is a firewall rule? 2. Q: What is a binary search algorithm? 3. Q: What is multi-threading? 4. Q: What is a software bug? 5. Q: What is XSS (Cross-Site Scripting)? 6. Q: What is a...
-
1. Q: What is a subnet mask? 2. Q: What is a recursive function in programming? 3. Q: What is version control branching? 4. Q: What is a deadlock in concurrent programming? 5. Q: What is the...
-
1. Q: What is a pointer in programming? 2. Q: What is an algorithm complexity analysis? 3. Q: What is the difference between a stack and a heap in memory management? 4. Q: What is the purpose of an...
Study smarter with the SolutionInn App