User Account

All Pages

Find the total cost at a production level

Assignment Help Mathematics
Reference no: EM131044520

If C(x) is the cost of producing x units of a commodity, then the average cost per unit is a(x) = C(x)/x. Consider the C(x) given below. Round your answers to the nearest cent.

C(x) = 3,000 + 170x + 6x3/2

(a) Find the total cost at a production level of 1000 units.

(b) Find the average cost at a production level of 1000 units. dollars per unit

(c) Find the marginal cost at a production level of 1000 units. dollars per unit

(d) Find the production level that will minimize the average cost. units

(e) What is the minimum average cost? dollars per unit

If a company's cost function for a product is

C(q) = 2350 + 3.5q + 0.004q2

Reference no: EM131044520

Questions Cloud

Problems nike faced on instagram : Write a at least 2 pages paper(double spaced, 1" margins) which to evaluate social media activities of nike. Just need to evaluate activities on instagram. Please follow these questions. What problems nike faced on instagram? How to solve these pr..
How can patents speed up the process of creative destruction : How can patents speed up the process of creative destruction? How can patents slow down the process of creative destruction?
What capital structure weight : The current market price per share is $18.35. The firm has outstanding debt with a par value of $100.5 million selling at 96% of par.
Firm weighted average cost of capital : Suppose that your firm has a cost of equity of 18% and a cost of debt of 8%. If the target debt/equity ratio is .6, and the tax rate is 35%, what is the firm's weighted average cost of capital (WACC)? Shown work would be very appreciated if possib..
Find the total cost at a production level : Find the total cost at a production level of 1000 units and find the average cost at a production level of 1000 units. dollars per unit
Semiannual interest payments : A 9 percent bond has a yield to maturity of 6.75 percent, 10 years to maturity, a face value of $1,000, and semiannual interest payments. What is the amount of each coupon payment?
Choose an image and post to reading cards images : Choose an image, and post to Reading Cards Images at the Discussion Board. Still turn in a reading card, so I don't miss the image, telling me, very briefly, how the image connects to the text for you, and ask a question.
Question regarding the revenue recognition : Revenues are at the core of a firm's ability to grow and prosper; thus, they are central to the analysis of a firm's profitability. Although the time-of-sale method is the most common technique employed to recognize revenues
Discuss the challenges that nurses to be accepted : Essay topic: Nurses are generally seen as having much less authority than doctors in the decision-making process related to patient care. Discuss the challenges and provide solutions for nurses to be accepted as equal partners in an interprofessiona..

Reviews

Write a Review

Mathematics Questions & Answers

  Determine the regression coefficients b0 and b1

Construct a scatter plot. Use the least-squares method to determine the regression coefficients b0 and b1

  Show that the tree-order associated with a rooted tree t

Show that the tree-order associated with a rooted tree T is indeed a partial order on V(T), and verify the claims made about this partial order in the text. Do the partition classes of a regular bipartite graph always have the same size? Show that a ..

  Find the kinetic energy of rotation

A uniform rectangular lamina of mass m and sides a, b spins about adiagonal with constant angular speed omega.Find the direction and manitude of the angular momentum about (a)the centre, (b)a corner(on the axis of rotation).(c) Find the kinetic en..

  The speed of the faster train

Two trains, each 100 m long are moving in opposite directions. They cross each other in 8 seconds. If one is moving twice as fast the other, the speed of the faster train

  Simplify the given expression

Simplify the given expression - Write each number in scientific notation.

  Trees and graphs-vertices and edges

If there 5 sections of Discrete Math with a total enrollment of 31 students, what is the smallest possible number of students in the section with the largest enrollment?

  Laws of cosine and sin rule

Illustrate the positions of Jill and John at 3:00pm. (I calculated that Jill would be 90 miles away and John would be 75 miles away) Find the measure of the angle between their routes. I calculated this angle to be 65 degrees. Is this correct?

  Define how much will it cost company x

The regular supplier, company y charges $150 for the first 100 microchips and $2 for each microchip over this amount. The minimum order is 100 microchips. how much will it cost company x to purchase 2,0000 microchips from company y.

  Effects on the response variable

Two factors are extraneous if their effects on the response variable cannot be distinguished from one another.

  Calculation for logistics transportation

Your company plans to transport 20 horses to a racetrack in Denver. It takes 12 hours to drive from Phoenix to Denver. You have to stop and feed the horses every 2 hours.

  Tool life determination

1. Tool life determination:Flank wear data were collected in a series of turning tests using a coated carbide tool on hardened alloy steel at a feed of 0.30 mm/rev and a depth of 4.0 mm. At a speed of 100 m/min, flank wear = 0.12 mm at 1 min, 0.27 mm..

  Estimate the relative error in the calculated surface area

Estimate the relative error in the calculated surface area.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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