6. Consider the linear total cost (C) equation for producing (x) items: C = 30x + 1000 a) Find the total cost of producing 100 items. b) Find the fixed cost and variable cost terms. c) As production increases by 1 unit, what is the change in total cost?

Q: Suppose a company's demand function is given by p(q)=−0.0475q+30 and p(q) is the price in dollars.…

A: As per our guidelines we are supposed to answer 3 parts , kindly repost the remaining parts . Answer…

Q: 6. The cost function for a paper towel plant is C(x) = 160x +750,000. %3D a. What are the fixed…

A: The cost function for a paper towel plant is  C(x) = 160x + 750000

Q: Suppose a company has fixed costs of $37,400 and variable cost per unit of x + 444 dollars, where x…

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Q: The supply function of a form is given as p=x^2+4x+5. Find the Producer’s Surplus given that the…

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A: Given that : A cookie company can produce 500 cases of chocolate chip cookies a week at a total cost…

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A: Average cost function is cost per unit

Q: The demand function for the product manufactured by a monopolist is p = 22 − 0.16q. The total cost…

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Q: 10. A company has fixed costs of $25,000 and a marginal cost of $2.50 per unit. a) Find the linear…

A: Consider the given information: The company has fixed cost $25,000 and the marginal cost of $2.50…

Q: Explain, why the graph of the total cost function is always above the x-axis and, can never move…

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Q: Is the rate of change in cost constant with respect to the number of pencils bought? Explain.

A: Yes, the rate of change of cost is constant with the rate of change of pencil.

Q: Find the total cost of producing x items if fixed costs are $500 and marginal cost is 6x MC= 10+ x2…

A: We know that marginal cost function is the derivative of the total cost function, so the total cost…