Find the minimum average cost using algebra

Assignment Help Algebra
Reference no: EM131020466

Suppose the cost of producing x Sharper Image Ionic Air Purifiers is given by:

c(x) = 8000 + 20x + .2 x2

a. Find the minimum average cost using algebra, and showing work.

b. Graph the average cost on a suitable scale from 0 to 500 units, showing the minimum value.

Reference no: EM131020466

Questions Cloud

Draw a graph of a perfectly inelastic demand curve : Draw a graph of a perfectly inelastic demand curve. Think of a product that would have a perfectly inelastic demand curve. Explain why demand for this product would be perfectly inelastic.
What is the price elasticity of demand for cheerios : If a 10 percent increase in the price of Cheerios causes a 25 percent reduction in the number of boxes of Cheerios demanded, what is the price elasticity of demand for Cheerios? Is the demand for Cheerios elastic or inelastic?
Division is considering two investment projects : Your division is considering 2 investment projects, each of require up-front expenditure of $15 million. a. what are the 3 projects NVP assuming the cost of capital is 5%, 10%, 15% b. What are the 2 projects IRR at these same costs of capital?
A stock is expected to pay an annual dividend : A stock is expected to pay an annual dividend of $4 each year into the indefinite future. Rates of return on equally ricky assets are 5% (.05). The stock price is $100. Is there a bubble on this stock? How do you know? How big is the bubble?
Find the minimum average cost using algebra : Find the minimum average cost using algebra, and showing work. Graph the average cost on a suitable scale from 0 to 500 units, showing the minimum value.
Have the directors of gml breached their duty of care : the board minutes suggest that the directors saw and approved the notice. It was sent to the ASX immediately after the board meeting. Have the directors breached their duty of care?
Free cash flow is expected to continue growing at same rate : The free cash flows (in millions) shown below are forecast by Simmons Inc. If the weighted average cost of capital is 13% and the free cash flows are expected to continue growing at the same rate after Year 3 as from Year 2 to Year 3, what is the Yea..
Bond between carbon and hydrogen atoms : A saturated carbon is a molecule formed from x carbon atoms and y hydrogen atoms by adding bonds between atoms such that each carbon atom is in four bonds.
Income statements-what is the change in the debt ratio : Income Statements-What is the change (in percentage) in the debt ratio from 2013 to 2014?

Reviews

Write a Review

Algebra Questions & Answers

  Solve each given system of equations by graphing

Solve each system of equations by graphing: y=x-4 and y= -2x+2. Y=2x-3 and y=-x-6. Y=3x-2 and y=1/2x+5. Y=1/3x+1 and y=-2x+8. X+y=-3 and x+y=4. Y-x=0 and 2x+y=3.

  Measuresment-distance and time

Evaluate the polynomial x^2+ 2y^2- 3xy for x = 3 and y = 4. Solve the problem. Show all steps necessary to arrive at your solution. Find a polynomial for the sum of the areas of these circles.

  Sketch a graph of the population against time

The population of a city is 50,000 in 2008 and is growing at a continuous yearly rate of 4.5%. Give the population of the city as a function of the number of years since 2008. Sketch a graph of the population against time.

  Make up a scenario where a ball is thrown and shot

Make up a scenario where a ball is thrown, shot, etc. into the air. You can choose any initial velocity (in meters/sec) and any initial height (in meters) of the ball, but include them in your written scenario.

  Transportation problem

Transportation problem

  Solve the equation

Solve the equation

  What happens if you double coefficient on first order term

What happens if you double the coefficient on the first order term? What happens to the graph of the parabola if you double the coefficient on the second order term?

  Algebra equations and problems

In general, what can you say about the usefulness of these area formulas? What other methods could be used to find the area and surface areas of objects?

  Use the properties of logarithms to find the value

Use the properties of logarithms to find the value.

  Find the equations of the horizontal and vertical asymptotes

Find the equations of the horizontal and vertical asymptotes for the following. Type none if the function does not have an asymptote.

  Information regarding polynomial function

Which of the following is/are TRUE for the graph of EVERY polynomial function? It must have either a minimum or a maximum value

  Possible rational factors of the polynomial

What are the possible rational factors of the polynomial x^3 -8x^2 + 5x + 14? Why? What is the axis of symmetry of y = 3(x-4)^2 + 1 ?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd