The cost of producing x units of a new product is C(x) = 3xx + 10 hundred
Question:
The cost of producing x units of a new product is C(x) = 3x√x + 10 hundred dollars. What is the average cost of producing the first 81 units?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
The ave...View the full answer
Answered By
Usha rani
I am Senior studying chemical engineering at IIIT University. Know I am a intern at labs .I was really interesting in getting my hands on some experience.
As a part of project ,I learned research skill and now I am working on optimization of water protocols . I get stronger interpersonal skills and communication skills.And with help of my mentor we publish a journal .Have good experience with chegg tutor .with the zeal in chemical engineer field I scored 9.2 cgpa up to the 3rd year of chemical engineer.attened handful of conference conducted by the AIChe.
0.00
0 Reviews
10+ Question Solved
Related Book For
Calculus For Business, Economics And The Social And Life Sciences
ISBN: 9780073532387
11th Brief Edition
Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price
Question Posted:
Students also viewed these Mathematics questions
-
The average cost of producing x units of a product is C 600ex/600 dollars per unit. What is the marginal cost when 600 units are produced?
-
A firm has two plants, X and Y. suppose that the cost of producing x units at plant X is x2+1200 Dollars and the cost of producing y units of the same product at plant Y is given by 3y2+800 dollars....
-
Suppose that when the price of a certain commodity is p dollars per unit, then x hundred units will be purchased by consumers, where p = 0.05x + 38. The cost of producing x hundred units is C(x) =...
-
Determine the force in member GC of the truss and state if this member is in tension or compression. Units Used: kip = 103 lb Given: F1 = 1000 lb F2 = 1000 lb F3 = 1000 lb F4 = 1000 lb a = 10 ft =...
-
Suppose a firm has a retention ratio of 60 percent, net income of $35 million, and 140 million shares outstanding. What would be the dividend per share paid out on the firms stock?
-
The Inter Pipeline Fund is a major petroleum, natural gas liquids extraction, and bulk liquid storage business operating in Western Canada and Europe. The balance sheet and notes to its financial...
-
Reconsider the data from Problem 4. Management has expressed some concern over the life of the project and the impact of possible early termination. As a result, you have developed additional data...
-
On June 12, 2002, Delta Corporation was awarded a $160,000 contract for testing a product. The contract consisted of $143,000 for labor and materials, and the remaining $17,000 was profit. The...
-
Hybrid agreements (also called wait-and-see agreements), which usually allow the issuer first priority to buy the interest and other stockholders or partners the second-place option to buy. Such...
-
Lawrence is a 16-year-old youth who was found guilty of vandalism and assault. He was convicted of breaking into his school with two friends and writing insulting slogans on the hallway walls. He was...
-
In Exercises 45 through 50, f(x) and g(x) are functions that are continuous on the interval 3 x 2 and satisfy In each case, use this information along with rules for definite integrals to evaluate...
-
A manufacturer estimates that the marginal cost of producing q units of a certain commodity is C'(q) = 3q 2 24q + 48 dollars per unit. If the cost of producing 10 units is $5,000, what is the cost...
-
Suppose that a sequence of Bernoulli trials is to be carried out with an unknown probability of success on each trial, and the following hypotheses are to be tested: H0: = 0.1, H1: = 0.2. Let X...
-
When several years of general business credits are carried over to the present year which also has a general business credit, in what order are the credits taken?
-
Larry and Donna are married. Donna has a qualified business that is not a specified service business. For the 2019 tax year, they file a joint return reporting taxable income of $335,000. In that tax...
-
Jackie has QBI of $200,000 from an S corporation that paid her a total of $30,000 of W-2 wages and that has no qualified property. Jackies spouse has $60,000 of W-2 income, and Jackie and her spouse...
-
Kearney Kramer donated to his church stock which he had held for five months. The stock had a fair market value of $1,000 at the time oft he gift, but had only cost Kearney $700. What is the amount...
-
Mary Sages daughter has a serious medical problem. Mary, 36, must take her daughter to a distant city to be treated. Mary and her daughter stay for seven days to receive treatment. Mary incurs $1,000...
-
Stewart P. Blanchard borrowed $ 50,000 from Progressive Bank & Trust Company (Progressive) to purchase a home. As part of the transaction, Blanchard signed a note secured by a mortgage. The note...
-
What services are provided by the provincial and territorial governments?
-
According to the Mortgage Bankers Association of America, the foreclosure rate on home mortgages in 2001 was 1%. Assuming that this rate is applicable to a community where 1000 homes have mortgages,...
-
The U.S. Department of Transportation reports that America West Airlines got 7.65 complaints of mishandled baggage per 1000 passengers in March 2000. Assuming this rate applies to the next 500...
-
During 2001, the crash rate for commuter air carriers was 2.1 per 100,000 flying hours. Assuming this rate continues, what is the probability that there will be no more than one crash in the next...
-
2. (5 points) An all equity firm is considering the following projects: Project Y Beta 0.8 1.2 IRR 10% 12% The risk-free rate is 3% and the expected market rate premium is 8%. The firm has a beta...
-
Two years ago, the price of a bond was 1,083.45 dollars, and one year ago, the price of the bond was 1,146.68 dollars. Over the past year, the bond paid a total of 66.2 dollars in coupon payments,...
-
How do bacteriophages contribute to the dynamics of microbial ecosystems, and what potential applications do they offer for targeted antibacterial therapy and biotechnological advancements?
Study smarter with the SolutionInn App