Answer the questions in Exercise 57 for the cost function C(q) = q 3 30q 2

Question:

Answer the questions in Exercise 57 for the cost function

C(q) = q³ − 30q² + 400q + 500

Data from Exercises 57

Suppose the total cost of manufacturing q units of a certain product is C(q) thousand dollars, where

C(q) = 0.01q² + 0.9q + 2

a. Find the total cost and the average cost of producing 10 units.

b. Find the cost of producing the 10th unit.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

See More Books

Question Posted: May 19, 2023 02:35 AM

See More Questions

Suppose the total cost of manufacturing q units of a certain product is C(q) thousand dollars, where C(q) = 0.01q2 + 0.9q + 2 a. Find the total cost and the average cost of producing 10 units. b....
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...
Answer the questions in Exercise 1a-e for the sequence generated by u0 = 500 and un = (1 + 0.04/4) un-1 -25 where n 1. Let n be measured in quarter-years. In Exercise 1 a. Is this a loan or an...
Explain the advantages of using JDBC metadata for Java database applications.
In prepared remarks before Congress in mid-2007, Federal Reserve Chairman Ben Bernanke testified: "The principal source of the slowdown in economic growth . has been the substantial correction in the...
Journalize the following transactions for Blanches Benches: a. Incurred and paid Web site expenses, $2,800. b. Incurred manufacturing wages of $10,000, 70% of which was direct labor and 30% of which...
In July 2008, Brian, Dale, and Sandra Allen signed a contract with East Resources, Inc., concerning 148 acres of the Allens property. East wanted to develop and exploit the oil and gas resources...
Highland Company produces a lightweight backpack that is popular with college students. Standard variable costs relating to a single backpack are given below: Overhead is applied to production on the...
Explain bank runs. Discuss the measures that the U.S. took to address the bank runs of the Great Depression, and the implications of those actions.
In Exercises 59 through 62, use the vertical line test to determine whether or not the given curve is the graph of a function. X- AME
In Exercises 59 through 62, use the vertical line test to determine whether or not the given curve is the graph of a function. -X
What can you infer about the geographical relationship among the cities in the following table and the Cascades, the primary mountain range that influences their climate? City Bend, OR Eugene, OR...
Start by drawing a given countrys steady state, using only the investment and the depreciation and capital dilution curves. On the same graph, do the following: a) Consider the effects of an...
Consider a population of six numbers, 1, 2, 3, 4, 5, and 6. What is the mean of this population? Suppose you roll a pair of dice. Construct a table showing the different possible combinations of the...
You are CEO of Apple, whose smartphones are all assembled in China (although designed in California). The average retail price of an iPhone in the United States is about $800, and China only...
In each of the following cases, find the mean a standard deviation of the sampling distribution for the sample mean, for a sample of size n from a population with mean m and standard deviation . (a)...
The tsunami that hit Japan in April of 2011 was the costliest national disaster in history. The following graph describes Japans economy before the tsunami. Assume Japan was at its steady-state...
What is conservatism? Why do accountants sometimes find it necessary to be conservative in financial reporting?
Huntingdon Capital Corp. is a competitor of Plazacorp and First Capital Realty. Huntingdon reported the following selected information (in millions):...
Determine whether each statement is true or false, and explain why. A correlation coefficient of zero indicates a perfect fit with the data.
Find the slope of each line. 4x + 7y = 1
Assume that each situation can be expressed as a linear cost function. Find the cost function in each case. Marginal cost: $75; 50 items cost $4300 to produce.
Consider a population of Jabberwockies. Jabberwockies emerge from eggs in the spring, breed and lay eggs in the autumn, and die in the winter. Their eggs hatch the following spring and the cycle...
For Firm J, prepare an income statement. Note: Use cost of goods manufactured calculated in part 1. Important! Be sure to click the correct Firm at the top of the dashboard. Cost of goods sold: Goods...
A blender changes its angular velocity from 40 rad / s to 200 rad / s in 0.5 seconds. Calculate the magnitude of its mean acceleration and what was the magnitude of its angular displacement at that...

Answer the questions in Exercise 57 for the cost function C(q) = q 3 30q 2

Question:

Step by Step Answer:

a Cq q 3 30q 2 400q 500 where q is t...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

Students also viewed these Mathematics questions