12. The marginal cost for a company to produce q items is given by MC(q) = 0.005q ^2-0.7q+625. The company's fixed costs are $8300 The cost at a production level of 10 items is $ 13. The marginal cost for a company to produce q items is given by MC(q) = 0.004q^2-0.6q+615. The company's fixed costs are $8200 The marginal cost of producing 110 items is $ per item 14. The marginal cost for a company to produce q items is given by MC(q) = 0.002q^2-0.9q +625. The company's fixed costs are $8000. The cost to increase production from a production level of 340 items to a production level of 510 items is S

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter7: Proudction Costs
Section: Chapter Questions
Problem 9SQP
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please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly

12. The marginal cost for a company to produce q items is given by MC(q) = 0.005q ^2-0.7q+625. The company's
fixed costs are $8300 The cost at a production level of 10 items is $ 13. The marginal cost for a company to produce q
items is given by MC(q) = 0.004q^2-0.6q+615. The company's fixed costs are $8200 The marginal cost of producing
110 items is $ per item 14. The marginal cost for a company to produce q items is given by MC(q) = 0.002q^2-0.9q
+625. The company's fixed costs are $8000. The cost to increase production from a production level of 340 items to a
production level of 510 items is S
Transcribed Image Text:12. The marginal cost for a company to produce q items is given by MC(q) = 0.005q ^2-0.7q+625. The company's fixed costs are $8300 The cost at a production level of 10 items is $ 13. The marginal cost for a company to produce q items is given by MC(q) = 0.004q^2-0.6q+615. The company's fixed costs are $8200 The marginal cost of producing 110 items is $ per item 14. The marginal cost for a company to produce q items is given by MC(q) = 0.002q^2-0.9q +625. The company's fixed costs are $8000. The cost to increase production from a production level of 340 items to a production level of 510 items is S
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