The total cost of producing x units of a certain commodity is given by Sketch the cost
Question:
The total cost of producing x units of a certain commodity is given by
Sketch the cost curve and find the marginal cost. Does marginal cost increase or decrease with increasing production?
Transcribed Image Text:
C(x) = √5x + 2 + 3.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 80% (5 reviews)
is the marginal cost ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ 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
-
In Exercises 1 through 6, C(x) is the total cost of producing x units of a particular commodity and p(x) is the unit price at which all x units will be sold. Assume p(x) and C(x) are in dollars. (a)...
-
In Exercises 1 through 6, C(x) is the total cost of producing x units of a particular commodity and p(x) is the unit price at which all x units will be sold. Assume p(x) and C(x) are in dollars. (a)...
-
Listed below are all balance sheet accounts relevant to operating activities for three independent cases: Case B as Net income Depreciation expense Accounts receivable increase (decrease)...
-
Prepare adjusting journal entries, as needed, considering the account balances excerpted from the unadjusted trial balance and the adjustment data. A. amount due for employee salaries, $4,800 B....
-
Explain the relationship among data mining, text mining, and sentiment analysis.
-
Westel is a builder of large digital networks. In the midst of the high-tech euphoria, the company bid and won a $50,000,000 contract to build a network for the country of Elbonia. Details on the...
-
Match the measures of worth in the first column with the appropriate unit of measure that results from the analysis. Measure of Worth (a) Annual Worth (b) External Rate of Return (c) Future Worth (d)...
-
Alice J. and Bruce M. Byrd are married taxpayers who file a joint return. Their Social Security numbers are 123-45-6789 and 111-11-1111, respectively. Alice's birthday is September 21, 1966, and...
-
what are three techniques for processing BI DATA? explain clearly REPORTING ANALYSIS, RFM ANALYSIS,ONLINE ANALYTICAL PROCESSING,DATA MINING ANALYSIS?
-
Refer to Exercise 53. What is the largest volume of a cylindrical parcel that can be sent by fourth-class mail? Data from Exercises 53 According to postal regulations, the girth plus length of...
-
The total cost of producing x units of a certain commodity is C(x) thousand dollars, where C(x) = x 3 20x 2 + 179x + 242 a. Find A(x), where is the average cost function. b. For what values of x is...
-
Find positive numbers x and y such that x + y = 48 and 5x 2 y + 10 is maximized.
-
Discuss McLuhan's Laws of Media and assess whether it is a viable scientific theory of socio-technological evolution ?
-
Consider a three-security portfolio below: Security 1 2 3 Maturity (in years) 1 1 1 Par value Price Yield to maturity $100 $98 2.06% $100 $95 5.0% $100 $97 3.1% These securities pay $0 coupons at the...
-
What effect has legal changes that allow more consolidation of media under major corporations had? Do we need new laws limiting media ownership in the U.S.? Why? Use specific examples in your...
-
Pick one piece of the American Dream Malls' history and discuss which project knowledge domains are revealing ad explains why in an essay. Or pick one domain that was consistently done well or poorly?
-
2 small breifing of media law case studies of malaysia ?
-
The balance in the prepaid insurance account, before adjustment at the end of the year, is $14,800. Journalize the adjusting entry required under each of the following alternatives for determining...
-
Representative data read from a plot that appeared in the paper Effect of Cattle Treading on Erosion from Hill Pasture: Modeling Concepts and Analysis of Rainfall Simulator Data (Australian Journal...
-
The manufacturing cost (in dollars) for a certain computer is given by c(x, y) = 2x + y 2 + 4xy + 25, where x is the memory capacity of the computer in gigabytes (GB) and y is the number of hours of...
-
The charge (in dollars) for painting a sports car is given by C(x, y) = 4x 2 + 5y 2 - 4xy + x, where x is the number of hours of labor needed and y is the number of gallons of paint and sealant used....
-
Use the region R, with boundaries as indicated, to evaluate the given double integral. || (2-12 (2 - x - y) dy dx; 0 x 1, x y x R
-
Question #1: On paper create an amortization schedule for a 5 years car loan of $5,000 at 9% interest. List the six headings and show the work. b. For the life of the loan, calculate: i. The total...
-
At December 31 Assets Current Year 1 Year Ago 2 Years Ago Cash Accounts receivable, net Merchandise inventory Prepaid expenses Plant assets, net Total assets Liabilities and Equity $ 31,880 $ 36,900...
-
Fill in the Balance Sheet. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Sales Total Assets Turnover Current Ratio Quick Ratio Current Liabilities to Stockholders...
Study smarter with the SolutionInn App