Question: Given the cost function C(x) =7x - 9x + 5x+ 5, find the minimum marginal cost. The minimum marginal cost is $ (Do not round

Given the cost function C(x) =7x - 9x + 5x+ 5, find the minimum marginal cost. The minimum marginal cost is $ (Do not round until the final answer. Then round to two decimal places as needed.)

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!

Given the cost function cm 2 2x3 3x2 + 3x + 4, find the minimum marginal cost. The minimum marginal cost is $D. (Do not round until the final answer. Then round to two decimal places as needed.)

1)Find dy/dx and y= the square root of u and ux^2+9 state your answer in the terms of x only Dy/dx= 2) a rectangular garden of area 456 square feet is to be surrounded on three sides by a brick wall...

A manufacturer has a monthly fixed cost of $28,500 and a production cost of $8 for each unit produced. The product sells for $11/unit. Find the following functions (in dollars) and compute each...

12) Albert claims that the functions f(x) = 32 +5 and g(x) = 3" +8 have different instantaneous rates of change for some x-values. Is Albert's claim correct? Explain. (C - 3 marks) 13) Fill in the...

Hello. Please help me solve these. Thank 1) A company manufactures and sells a: widgets per week. The weekly price-demand function is: p(m) = 23 2:. :1. Find the marginal revenue mction. R'(m) = :]...

Given the cost function C ( x ) equals = 5 x cubed minus 6 x squared plus 1 1 x plus 5 5 x 3 6 x 2 + 1 1 x + 5 , find the minimum marginal cost. Question content area bottom Part 1 The minimum...

Help me get the correct answer... explanation on every quiz needed... EXERCISE Question 1 (Procyclicality and Countercyclicality) Identify the following variables as being procyclical or...

Minimizing Production Costs The dally total cost (in dollars) incurred by Trappee and Sons for producing x cases of TexaPep hot sauce is given by th following function. C(x)=0.000002x3+4x+356 (a)...

Question An amusement park has a marginal cost function C x 1000e 5 where x represents the number of tickets sold an a marginal revenue function given by R x 60 0 1x Assuming that the park has no...

xYz xyzHomework Assessment X *Course Hero X + C xyzhomework.com/imathas/assessment/showtest.php Update : 2:58:39 remaining Let's consider the marginal cost function C' (x) = - 0.04x + 21, where r...

Consider a CCD with a quantum efficiency of 80 percent and a photographic plate with a quantum efficiency of 1 percent. If an exposure time of 1 hour is required to photograph a celestial object with...

Consider a reaction in which Ho and So are positive. Suppose the reaction is nonspontaneous at room temperature. How would you estimate the temperature at which the reaction becomes spontaneous?

Copy this shape onto squared paper. Enlarge the shape using scale factor 2.

Making diversity an issue leafy Elgarshire Question 1 Evaluate whether Worcestershire County Council is adopting a managing diversity approach to diversity managemeng. Provide TWO(2) reasons for your...

Keep your head straight on your shoulders

Be straight in the back without blowing out the chest

Wear as little as possible