Find the cost function for each marginal cost function. C(x) = 1.2 x (ln 1.2); 2 units
Question:
Find the cost function for each marginal cost function.
C′(x) = 1.2x(ln 1.2); 2 units cost $9.44
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
Cx 12 x ln 12 2 units cost 944 Thus Cx e x ...View the full answer
Answered By
Parvesh Kumar
I am an experienced Mathematics and Statistics tutor with 10 years of experience teaching students and working professionals. I love teaching students who are passionate to learn subjects or wants to understand any mathematics and statistics concept at graduation or master’s level. I have worked with thousands of students in my teaching career. I have helped students deal with difficult topics and subjects like Calculus, Algebra, Discrete Mathematics, Complex analysis, Graph theory, Hypothesis testing, Probability, Statistical Inference and more. After learning from me, students have found Mathematics and Statistics not dull but a fun subject. I can handle almost all curriculum of mathematics. I did B.Sc (mathematics), M.Sc (mathematics), M.Tech (IT) and am also Gate (CS) qualified. I have worked in various college and school and also provided online tutoring to American and Canadian students. I look forward to discussing with you and make learning a meaningful and purposeful
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Find the cost function for each marginal cost function. C(x) = 0.03e 0.01x ; fixed cost is $8
-
The price-demand equation and the cost function for the production of HDTVs are given, respectively, by x = 9,000 - 30p and C(x) = 150,000 + 30x where x is the number of HDTVs that can be sold at a...
-
The price-demand equation and the cost function for the production of hand woven silk scarves are given, respectively, by p=60 - 2xand C(x) = 3,000 + 5x where x is the number of scarves that can be...
-
Which of the following variables was controlled in Experiment 1? F. Amount of yeast G. Percent of molasses H. Percent of sucrose J. Carbon dioxide levels Experiment 1 Since yeast needs sucrose to...
-
Financial statements for Remington Inc. follow. Required: 1. Prepare common size income statements and balance sheets for Remington to be used in vertical analysis (in percentage terms, rounded to...
-
Compute the net pay for Will Barrett and Eric Martin. Assume that they are paid biweekly, subject to federal income tax (using the wage-bracket method in Appendix C) and FICA taxes, and have no other...
-
Compressing a certain spring to \(50 \%\) of its relaxed length requires \(28 \mathrm{~J}\) of work. How much work would be required to compress the same spring by only half as much, to \(75 \%\) of...
-
Leisure City maintains a Pension Trust Fund for its employees. Following is a trial balance for the fund at December 31, 2011: The following transactions took place during 2012: 1. Both Leisure City...
-
7. A vertical spring is fixed to one of its end and a massless plank fitted to the other end. A block is released from a height has shown. Spring is in relaxed position. Then choose the correct...
-
Use the Fundamental Theorem to show that the following are true. b b kf(x) dx = k f(x) dx a a
-
Find the demand function for each marginal revenue function. Recall that if no items are sold, the revenue is 0. R(x) = 50 - 5x 2/3
-
What is the difference between a positive question and a normative question?
-
A firm's demand is 65,000 units per year, has setup costs of $120 per order, and inventory holding costs of $1.25 per unit per year. Given the EOQ model, what is the approximate total annual...
-
Do any of the products earn a contribution margin rate lower than the company's targets of 35% contribution margin and $25,000 minimum $ contribution? Could any of the underperforming lines be...
-
For this assignment, you will be writing an article for a well-known educational publication. Tailor your article for one of the three grade levels: birth to grade 3, grade 4 to grade 8, or high...
-
(1) Consider a vibrating string u(x, t) satisfying Utt = cur, 0
-
Therearetwoconflictingargumentsontheroleofmotivationintheclassroom: a. Takecareoflearning,andmotivationwilltakecareofitself b. Takecareofmotivation,andlearningwilltakecareofitself To what extent do...
-
Suppose the import supply curve for a good is infinitely elastic at the world price. Draw a graph to show the welfare effect of a subsidy on imports.
-
Distinguish among total-moisture content, free-moisture content, equilibrium-moisture content, unbound moisture, and bound moisture.
-
Find each function value. cos 72
-
Find each function value. cos 0.5934
-
Find each function value. tan 1.2915
-
You and your South Korean supplier are evaluating different cost reduction ideas. They have introduced a new packaging that will reduce the TV box size. With this change, the cubes / TV is reduced to...
-
Write a SQL query to retrieve the names of employees who earn the highest salary in a table.
-
1040 for a single taxpayer. 1040 PG 1 Schedule 1 Form 1040 Page 1. Form Department of the Treasury- Internal Revenue Service (99) 1040 U.S. Individual Income Tax Return 2021 OMB No. 1545-0074 Married...
Study smarter with the SolutionInn App