If the cost for manufacturing table saws is C(x) = 72,000+ 60x, answer the following questions....
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
If the cost for manufacturing table saws is C(x) = 72,000+ 60x, answer the following questions. a. What is the average cost function for manufacturing x table saws? C(x) = C(x) X b. Find C(2000)and write an interpretation of this number. C(2000) = X c. Write the marginal average cost function for the manufacture of table saws. C'(x) = d. FindC (2000)and write an interpretation of this number. C'(2000) = If the cost for manufacturing table saws is C(x) = 72,000+ 60x, answer the following questions. a. What is the average cost function for manufacturing x table saws? C(x) = C(x) X b. Find C(2000)and write an interpretation of this number. C(2000) = X c. Write the marginal average cost function for the manufacture of table saws. C'(x) = d. FindC (2000)and write an interpretation of this number. C'(2000) =
Expert Answer:
Answer rating: 100% (QA)
Date Solo Given Cx 72000 60 x x 60 It b c2000 72000 2... View the full answer
Related Book For
Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
Students also viewed these mathematics questions
-
The data shown in Table 10E.9 are concentration readings from a chemical process, made every 30 minutes (read down, then across from left to right). (a) Calculate the sample autocorrelation function...
-
A RSS Clothing manufacturer makes two types of jogging pants, design A and design B. The design A jogging pants sells to the retail stores for 2,500each and the design B jogging pants for 2,100. The...
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
Peabody Coal acquired the mineral rights to a tract of land containing coal deposits. Total costs of acquisition, exploration, development were $1,200,000 and an ARO of $300,000 was recorded. The...
-
The ventilating fan of the bathroom of a building has a volume flow rate of 30 L/s and runs continuously. The building is located in San Francisco, California, where the average winter temperature is...
-
Smoot Companys accounts receivable reveal the following balances: Age of Accounts Receivable Balance Current . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
-
The bookkeeper of Beautiful World Landscaping, Inc., prepared the companys balance sheet while the accountant was ill. The balance sheet contains numerous errors. In particular, the bookkeeper knew...
-
Professor Stone complains that student teacher ratings depend on the grade the student receives. In other words, according to Professor Stone, a teacher who gives good grades gets good ratings, and a...
-
A) Four main schools of thought exist as to the relevance of exchange rate risk. The Multinational Corporation's treatment of exchange rate risk is a result of their thoughts on exchange rate risk....
-
Ayayai Hotels Ltd. (AHL) is a small boutique hotel that provides 44 suites that can be rented by the day, week, or month. Food service is available through room service as well. In addition, there...
-
2 A block of weight 10 N is fastened to one end of a wire of cross-sectional area 3 mm and is rotated in a vertical circle of radius 20 cm. The speed of the block at the bottom of the circle is 2 m...
-
Show that for an ideal gas the partial molar volume in a mixture of two gases is equal to \(\frac{R T}{P}\) and this is true for all the components of a mixture of ideal gases.
-
Execute an ANOVA to compare the attitudes and opinions of groups based on gender and age. What are the interesting findings?
-
Define the terms isothermal compressibility and volume expansivity.
-
What is a residual property? Define residual enthalpy, entropy, and internal energy.
-
How many natural frequencies can be zero for an unrestrained two-degree-of-freedom system?
-
Amazon is a multinational technology company that primarily focuses on e-commerce, cloud computing, digital streaming and artificial intelligence. Questions Calculate the 5 possible Expected Monetary...
-
Determine two different Hamilton circuits in each of the following graphs. A B F G
-
In 2005, the U.S. Congress passed a bill to extend daylight savings time earlier into the spring and later into the fall (beginning in 2007). The change was made as part of an Energy Bill, with some...
-
One topic investigated by behavioral economists but not covered in the text relates to how individuals assess probabilities of random events occurring repeatedly. The hot-hand fallacy is the fallacy...
-
Consider a 2-person/2-good exchange economy in which person 1 is endowed with (e11, e12) and person 2 is endowed with (e21, e22) of the goods x1 and x2. A: Suppose that tastes are homothetic for both...
-
Following are several tests of controls introduced in the chapter: Examine periodic reports by non-Purchasing Department personnel regarding purchase prices and practices. Observe Receiving...
-
Harold Brodkey plans to apply sequential sampling to the receiving controls used by the Ozyck Corporation, a December 31, 1999 year end manufacturer and supplier of home lighting fixtures. Based on a...
-
Few departments within a corporation, not-for-profit institution, or governmental entity can have quite as significant an influence on cost containment as Purchasing, since the purchasing function...
Study smarter with the SolutionInn App