Suppose that the average cost function is given by C(x) = C(x)/x, where x is the number
Question:
Suppose that the average cost function is given by C(x) = C(x)/x, where x is the number of items produced. Show that the marginal average cost function is given by
Transcribed Image Text:
C'(x) = xC'(x) = C(x) 2 x²
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 36% (11 reviews)
Let ux Cx with ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
Suppose that the total number of items produced by a certain machine has the Poisson distribution with mean , all items are produced independently of one another, and the probability that any given...
-
Suppose that a firm's production function is given by Q = KL + K, with MPK = L + 1 and MPL = K. At point A, the firm uses K = 3 units of capital and L = 5 units of labor. At point B, along the same...
-
Suppose that a firm's production function is given by Q = K0.33L0.67, where MPK = 0.33 K- 0.67L0.67 and MPL = 0.67K0.33L- 0.33. a. As L increases, what happens to the marginal product of labor? b. As...
-
Consider a property investment that you finance with 20% down payment. For the remaining, you borrow 2'300'000 at a 6% rate monthly amortized loan for 25 years. This property, with 2% of EBITDA as...
-
1. Knight purchased an apartment building that was occupied by tenants Hallsthammer, Decaprio, and Breit. The day after acquiring the building, Knight informed the tenants that their rent was being...
-
As part of a valid section 1031 exchange, Jim Shu exchanges some of the building where his runs his gym for an apartment building which he intends to rent out to others. The gymnasium building has an...
-
Identify the kinds of information that a client should be given by his or her attorney before entering a premarital agreement.
-
Genesis Company performs the following accounting tasks during the year. ________Analyzing and interpreting information. ________Classifying economic events. ________Explaining uses, meaning, and...
-
In the year to 30 September 2022, an advertising agency declares in interim ordinary dividend of 7.4C per shares and a final ordinary dividend of 8.6C per share. assuming an ex-dividend share price...
-
A cash flow sequence has a receipt of $25,000 today, followed by three disbursements of $10,000, ST0,000 and $12,000 at the end of year one, two and three. A final receipt of S2,050 occurred at the...
-
Find the derivative of each of the following functions by first rewriting the function using the rules of logarithms. h(t) = In (t + 4)] t
-
Show that, for any constant k, d [f(x)] k || f'(x) k
-
Pete, Tom, and Zack have operated a Laundromat for 10 years. The partners, who share profits 4:3:3, respectively, decide to liquidate the partnership. The firms balance sheet just before the partners...
-
Fickel Company has two manufacturing departments-Assembly and Testing & Packaging. The predetermined overhead rates in Asseff and Testing & Packaging are $16.00 per direct labor-hour and $12.00 per...
-
On June 3 0 , 2 0 2 1 , you received an unsolicited offer to buy your personal residence in Regina, SK . Details on the sale are below: Proceeds:$ 4 0 0 , 0 0 0 Original Purchase Price: $ 1 8 5 , 0 0...
-
discuss the application of landscape ecology in conservation planning and management?
-
How does the film "To Sir, With Love" use color or light/dark to suggest tone and mood in different scenes? Are there any striking uses of perspective (seeing through a character's eyes, camera...
-
Determine the optimal strategy for the situation by representing it as a game and finding the saddle point. State your final answer in the terms of the original question. A Republican and a...
-
Raul lives in Georgia. He creates custom paintings and sells them at a weekly art fair near Atlanta. Sarah lives in Vermont. While on vacation in Georgia, she buys one of Raul's paintings for $500....
-
Suppose the index goes to 18 percent in year 5. What is the effective cost of the unrestricted ARM?
-
Perform each operation, if possible. 2 4 3 0 -1 -6 5
-
Perform each operation, if possible. -2 3 2 6. _4 0 3 1
-
Perform each operation, if possible. -2 1 -1 8 2.
-
compare the anatomy seen in a sheep kidney to the anatomy of the human kidney. In what ways are they the same or different?
-
Find the APR, or stated rate, in each of the following cases. Note: Do not round intermediate calculations and enter your answers as a pe 365 days in a year. Number of Times Effective Rate Stated...
-
Task: investigate one of the following organizations - or another if you choose Good Neighbours Canada Feed Ontario Hamilton Food Share Community Food Centres Hamilton Food4Kids Hamilton Tastebuds...
Study smarter with the SolutionInn App