Question: PLEASE HELP X 3.3.7-BE Assume that the situation can be expressed as a linear cost function. Find the cost function in this case. Marginal cost:
PLEASE HELP





X 3.3.7-BE Assume that the situation can be expressed as a linear cost function. Find the cost function in this case. Marginal cost: $20; 140 items cost $6000 to produce. The linear cost function is C(x) =.3.3.13-BE The manufacturer's suggested retail price (MSRP) for a particular car is $24,625, and it is expected to be worth $19,099 in 2 years. (a) Find a linear depreciation function for this car. (b) Estimate the value of the car 4 years from now. (c) At what rate is the car depreciating? (a) What is the linear depreciation function for this car? f(x) = D (Simplify your answer. Do not include the $ symbol in your answer.) @ 3.3.23-BE Assume that the following has a linear cost function. Fixed Cost Marginal Cost per item Item Sells For Find the following. (a) the cost function (b) the revenue function (G) the prot function (d) the prot on 97 items (a) The cost function is C(x) = 8x + 650 . (Simplify your answer. Do not include the $ symbol in your answer.) (b) The revenue function is R(x) = 40x . (Simplify your answer. Do not include the $ symbol in your answer.) (c) The prot function is P(x) = D. (Simplify your answer. Do not include the $ symbol in your answer.) Suppose you are the manager of a rm. The accounting department has provided cost estimates, and the sales department sales estimates, on a new product. Analyze the data they give you, determine what it will take to break even, and decide whetherto go ahead with production of the new product. The product has a production cost function C(x) = 375x + 14,375 and a revenue function R(x) = 500x. The break-even quantity is units. @ 3.3.49-BE Use the information listed below to solve parts a through h. Suppose that the demand and price for a certain model of a youth wristwatch are related by the following equation p= D(q)=24-1.25q where p is the price (in dollars) and q is the quantity demanded (in hundreds). Find the price at each level of demand. Answer parts a through d. a. Find the price when the demand is 0 watches. The price when the demand is 0 watches is $ 24 . b. Find the price when the demand is 400 watches. The price when the demand is 400 watches is $ 19 . c. Find the quantity demanded for the watch when the price is $14. At a price of $14, the demand is for :l watches
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