13. Suppose the total cost of producing q units is C(q) =q³+50q² + 100g + 1000. Use marginal analysis to estimate the cost of the 3rd unit. (a) S1777 (b) $1408 (c) $312 (d) $369 (e) $427

Q: Suppose that the total cost of producing q widgets is given by C(q) = 0.02q + 50g + 1000. Also,…

A: Given that, Total cost C(q) = 0.02q2 + 50q + 1000 Price of a widget p = 100 - 0.005q  a) Total…

Q: It costs C(x)=√x dollars to produce x golf balls. What is the marginal production cost to make a…

A:

Q: b) Find the total cost if the marginal cost is MC 3e0.50 and fixed costs are 10.

A:

Q: 3. A toy manufacturer has the following cost function: C(x) = 0.1x3 – 2x? + 10000 when x toys are…

A: Given:

Q: How to calculate Samsung’s cost (C(Q)) of producing 1,2,...15

A: Q is given as follows. Q: 0,1,2,3,4,5,6,7,8,9,10,11,12,13,14,15 The develop Samsung S35 it cost…

Q: 9. The rate at which the value, V, of a painting changest years after it is completed is given by…

A: Image is attached.

Q: Crawford Computing finds that its weekly profit, in dollars, from the production and sale of x…

A: Since you have posted a multi subparts question according to guidelines I will solve first (a,b,c)…

Q: If a manufacturer's average-cost function is 8000 e/800+450 find the marginal cost function. What is…

A: manufacturer’s average-cost function is given  We need to find the marginal cost function. To get…

Q: Suppose the daily total cost (in dollars) of manufacturing x televisions is…

A:

Q: 18. Suppose that a company produces and sells bicycles and that the start-up cost is $3000 and $75…

A:

Q: 1.  Suppose that the equation r = 432q – 3q2 gives the total revenue r (in dollars) that a…

A: According to the Bartleby guidelines, the first question only can be answered as multiple questions…

Q: 13. The marginal cost of production for a new skateboard is MC(q) = 2q+75 and the fixed cost is…

A: The marginal cost of production for a new skateboard is MCq=2q+75 and the fixedcost is $2,000. (1)…

Q: The profit P from selling x units of a product is given by P= 375x -1.5x. Find the marginal profit…

A:

Q: (*) A soft drinks firm buys fruit at the beginning of each month i at a cost per 100kg of pi in…

A: To find the best purchasing schedule for the soft drinks firm, we can use dynamic programming.We…

Q: 16. Suppose that for a company the income function (in dollars) is given by R(x) = -012x^3 + 1,296x…

A:

Q: An entrepreneur intends to sell his product for 6.4$ each. The daily cost or expenses can be…

A: 1st we will find profit earned by selling x number of product and then maximize profit using…

Q: The money supply needed to generate $1500 of nominal GDP with money velocity of 20 is

A:

Q: Suppose that a political campaign by Loki estimates that the candidate’s polling percentage y and…

A: The candidate’s polling percentage is denoted by 'y'.The amount is denoted by x (in hundred…

Q: Find the marginal profit when (a) x= 300, (b)x=2000, (c) x=6000, and (d) x = 12,000. (a) When x =…

A: Given P(x) = 0.06x ^ 2 - 3x + 7x ^ 0.4 - 5100 P(x) = 0.06x ^ 2 - 3x + 7x ^ 0.4

Q: 6. Find the profit function for a competitive firm with the production function Y=L0.8K0.2 Find the…

A: Consider the given production function, Y=L0.8K0.2 let us consider that, Market…

Q: Imagine that your are selling spring water from your own spring (or any product whose cost of…

A: Given- Imagine that your are selling spring water from your own spring (or any product whose cost of…

Q: 7) The profit (in dollars) derived from selling z units of an alarm clock is given by P= 0.0002z° +…

A: Marginal Profit is the derivative of profit function. Please see the explanation below

Q: If a manufacturer's average cost is given by AC = 0.002q2 - 0.24q + 776.  Find:      (a)  the…

A: Average cost=0.002 q2-0.24 q+776

Q: What should a firm do if the marginal product obtained from the last dollar spent on capital is…

A: Considering a typical firm that wants to minimize the total cost of producing a particular level of…