Question: If a total cost function is C(x) = .0001x 3 - .06x 2 + 12x + 100, is the marginal cost increasing, decreasing, or not

If a total cost function is C(x) = .0001x³ - .06x² + 12x + 100, is the marginal cost increasing, decreasing, or not changing at x = 100? Find the minimum marginal cost.

Step by Step Solution

★★★★★

3.41 Rating (164 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

the marginal cost is decreasin... View full answer

Question Has Been Solved by an Expert!

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

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Applied Calculus Questions!

A manufacturing concern's total cost function is C = X/5 and its revenue function is R = 39 log(8X + 1). Find the optimum output where the profit is maximized and the maximum profit.

If the total revenue function for a product is given by R(x) = 60x and the total cost function is given by C = 200 + 10x + 0.1x2, what is the marginal profit at x = 10? What does the marginal profit...

A manufacturing firm produces output using a single plant. The relevant cost function is C = 500 + 5Q2. The firms demand curve is P = 600 - 5Q. a. Find the level of output at which average cost is...

he cost of producing x teddy bears per day at the Cuddly Companion Co is calculated by their marketing staff to be given by the formula C x 100 41x0 06x a Find the marginal cost function C x C x Use...

11. Let the consumer's utility function be f(q1, q2, q3 ) = q1q2q3, and her budget constraint y = p1q1 + p2q2 + p3q3. Consider q1 + (p2/p1)q2 = qc as a composite good. Formulate the consumer's...

Homework 6 questions 1,3,4,5 and 6 DETAILS ASK YOUR TEACH If the TOTAL cost function for a product is C(x)=810 + 0.1x 2 dollars, (810 plus 0.1 times x-squared) producing how many units, x, will...

B Quantative Ana x C 1.[15 Points X Mathcha - Onlir x (54) TNH NO X 02 - Google 1a_InkQjuWcsxv3Df4bE3spco0774LpGF/view Gmail Google Docs RMIT RMIT Portal Mail - Ha Pham 0 Allocate+ Message Thomson...

*A student has 517000 in student Loans. The loans are to be repaid over 10 years at a rate of 4.?596. Assume the payments are made at the end of each month. a) What type of Problem is this? b] How...

The national health care expenditures, H, in trillions of dollars, can be modeled by H(t) = 1.53\"\The total cost function for a product is C(22) = 3751mm + 10) + 190-3, where cc is the number of...

MANAGERIAL ECON. Reasoning. Express your thoughts base on the problem indicated below. You can explain your answer in words or in mathematical form. 1.Suppose you buy an accessory that will be used...

Let us assume that you are drilling eight holes, equally spaced in a bolt-hole circle. That is, there would be holes at 12,3,6, and 9 o'clock and four more holes equally spaced between them. The...

Graph the line corresponding to the equation y = -2x + 1 by graphing the points corresponding to x = 0, 1, and 2. Give the y-intercept and slope for the line. How is this line related to the line y =...

The arithmetic average of 1 2 % , 1 5 % and 2 0 % is _ _ _ _ _ _ _ _ _ . Group of answer choices 1 5 . 7 % 7 % 2 % 2 0 % 4 7 %

It is better to be a leader than a manager. a. Truein general, leaders are forward-thinking and managers maintain the status quo. b. Falseboth are needed in a successful organization.

Indicate the approximate locations of all inflection points. How many inflection points are there? f(x) X

Indicate all critical points of the function f. How many critical points are there? Identify each critical point as a local maximum, a local minimum, or neither. f(x) x

Use Table 1.37 to find: (a) f(g(0)) (b) f(g(1)) (c) f(g(2)) (d) g(f(2)) (e) g(f(3)) Table 1.37 x f(x) g(x) 3 4 5 3 4 7 11 5 8 12 15 012 10 6 3 6 2 3

Moving to another question will save this response. Question 29 Your company is estimating a project and you are considering the following costs: Field study to decide if the project can be done:...

Problem 27 Intro You took out a fixed-rate mortgage for $189,000. The mortgage has an annual interest rate of 4.8% (APR) and requires you to make a monthly payment of $1,474.98. Attempt 1/10 for 10...

Given: E ( R 1 ) = 0.11 E ( R 2 ) = 0.17 E ( 1 ) = 0.01 E ( 2 ) = 0.04 Calculate the expected returns and expected standard deviations of a two-stock portfolio in which Stock 1 has a weight of 70...