90. Minimizing Marginal Cost (See Problem 89.) Themarginal cost C (in dollars) of manufacturing x cell phones(in thousands) is given byC(x) = 5x? – 200x + 4000(a) How many cell phones should be manufactured tominimize the marginal cost?(b) What is the minimum marginal cost?

GivenMarginal cost of manufacturing x cell phones is given by C(x)=5x2-200x+4000To determinea)Number…

Answered: 90. Minimizing Marginal Cost (See…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

See similar textbooks

Similar questions

A. Find the average cost function for ? televisions produced. B. Find the instantaneous rate of change of the average cost function.
A company can manufacture at most 200 units per month. About x units per month can be sold at the price p(x) = (500 – x) dollars and the cost of producing x units per week is C(x) = 150 + 4x + x2 dollars. Find; a. Revenue from sale of x units per week b. Maximum weekly profit and the number of units produced to obtain the maximum d. Marginal Revenue at Maximum weekly profit level c. Marginal cost functions at Maximum weekly profit level
Please answer the first one
A piano manufacturer has a daily fixed cost of $1,700 and a marginal cost of $2,100 per piano. Find the cost C(x) of manufacturing x pianos in one day. C(x) = 2100 + 1700 X Use your function to answer the following questions. (a) On a given day, what is the cost of manufacturing three pianos? $8000 That's it! (b) What is the cost of manufacturing the third piano that day? $ 2100 Nicely done. (c) What is the cost of manufacturing the 11th piano that day? $ 2100 Excellent! (d) What is the variable cost? $ What is the fixed cost? $ What is the marginal cost? $ X per piano

Recommended textbooks for you

Calculus: Early Transcendentals

Calculus

ISBN:

9781285741550

Author:

James Stewart

Publisher:

Cengage Learning

Thomas' Calculus (14th Edition)

Calculus

ISBN:

9780134438986

Author:

Joel R. Hass, Christopher E. Heil, Maurice D. Weir

Publisher:

PEARSON

Calculus: Early Transcendentals (3rd Edition)

Calculus

ISBN:

9780134763644

Author:

William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz

Publisher:

PEARSON

Calculus: Early Transcendentals

Calculus

ISBN:

9781285741550

Author:

James Stewart

Publisher:

Cengage Learning

Thomas' Calculus (14th Edition)

Calculus

ISBN:

9780134438986

Author:

Joel R. Hass, Christopher E. Heil, Maurice D. Weir

Publisher:

PEARSON

Calculus: Early Transcendentals (3rd Edition)

Calculus

ISBN:

9780134763644

Author:

William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz

Publisher:

PEARSON

Calculus: Early Transcendentals

Calculus

ISBN:

9781319050740

Author:

Jon Rogawski, Colin Adams, Robert Franzosa

Publisher:

W. H. Freeman

Precalculus

Calculus

ISBN:

9780135189405

Author:

Michael Sullivan

Publisher:

PEARSON

Calculus: Early Transcendental Functions

Calculus

ISBN:

9781337552516

Author:

Ron Larson, Bruce H. Edwards

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS

90. Minimizing Marginal Cost (See Problem 89.) The marginal cost C (in dollars) of manufacturing x cell phones (in thousands) is given by C(x) = 5x? – 200x + 4000 (a) How many cell phones should be manufactured to minimize the marginal cost? (b) What is the minimum marginal cost?