Question: A total-cost function is given by c =25 In (q + 2) + 15. Find the marginal cost when q = 4

A total-cost function is given by c =25 In (q +

A total-cost function is given by c =25 In (q + 2) + 15. Find the marginal cost when q = 4

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

A total-cost function is given by c = 27 In (q + 2) + 13. Find the marginal cost when q = 2. I m The marginal cost is D. (Simplify your answer.)

Q:

1. Suppose that you have the following demand curve. Q 800 12P .01I Q = quantity demandedP = price andI=average income. You know that the current market price is $40 and average income is $40,000 i....

Q:

1. Suppose that you have the following demand curve. Q 800 12P .01I Q = quantity demandedP = price andI=average income. You know that the current market price is $40 and average income is $40,000 i....

Q:

1. Suppose that you have the following demand curve. Q = 800 - 12P +.01I Q = quantity demandedP = price andI=average income. You know that the current market price is $40 and average income is...

Q:

Marginal CostA total-cost function is given by c= 25 ln(q+ 1) + 12 Find the marginal cost whenq= 6.

Q:

Please find attached a 2 part question, one which is in excel and another follow-up questions Step Justmetions Possible elD12 alum. in el D27 E12 down the colin. to call E27 F12 by using a F27 She...

Q:

Macroecon 3 3. The short-run cost function of a firm is given by C(q) = 200 + 55q, where C(q) or T C(q) is total cost, and q is the total quantity of output, both measured in thousands. (a) What is...

Q:

4. Suppose that a firm's inputs are labor (variable costs) and trucks (fixed costs) and the firm owns one truck and the cost function, in the short run, is C(q) = 50 + q + 1 2 q 2 . (a) The marginal...

Q:

20. Assume that the ice cream industry is perfectly competitive. Each firm producing ice cream must hire an operations manager. There are only 50 operations managers that display extraordinary talent...

Q:

4. Suppose that a firm's inputs are labor (variable costs) and trucks (fixed costs) and the firm owns one truck and the cost function, in the short run, is C(q) = 50 + q + 1 2 q 2 . (a) The marginal...

Q:

Which combinations of compounds can make a buffer? Assume aqueous solutions. a. HCl and NaCl b. HNO2 and NaNO2 c. NH4NO3 and HNO3 d. NH4NO3 and NH3

Q:

China Pacific Company manufactures a variety of natural fabrics for the clothing industry in a suburb of Shanghai. The following data in Chinese currency called yuan pertain to the month of October....

Q:

Which statement is correct regarding the equity hedge strategies? Question 1 Answer a . Merger arbitrage strategies involve going short the stock of the company being acquired at a discount to its...

Q:

For wireless LAN which MAC control is more likely to be used? What are the two decision variables to best determine MAC control type on more complex LAN's? (Choose three) MAC Address Resolution...

Q:

2. We can change the use and meaning of the concepts and thereby the meaning of the social reality to which they refer.

Q:

3. What does it mean when we say that we attribute a certain meaning to our experiences?

Q:

2. In this chapter, the reader should reflect on the following concepts : Thomas theorem, premise of action, utterance and mental constructions.