A company produces 1200 widgets a week at a total cost of $15,000 and 1800 widgets a week at a total cost of $21,000. Find the company's weekly fixed costs and the marginal cost per widget.

Q: It takes 15 minutes to preheat your oven to 325 degrees. For an oven preheated to 325 degrees, the…

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Q: O LIKES A profit equation can be constructed by subtracting the cost function from the revenue…

A: It is given that the cost function, C = 62n + 5280 and revenue is, R = 150n. Profit function, P = R…

Q: Assume a sales price per unit of $25, variable cost per unit $15, and total fixed costs of $18000.…

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Q: 1. Given the demand and supply curves, find the consumers' surplus and producers' surplus. 1000 16…

A: It is required to find the consumers' surplus and producers' surplus.

Q: Suppose proit is given by: profit = 4.55x - 2109.66. If cost per unit of this good is $15.51, what…

A: The relationship between profit, revenue, and cost must be taken into account in order to determine…

Q: If the price for smoothie supplies which is $35 increases by 5%, what is the minimum price that a…

A: Price of smoothie=$35 After 5% increase in price = 35+35×5100=$36.75

Q: Excel hardware is introducing a new product on a new product line of capacity 800 units per week at…

A: The capacity of the product is: 800 units per week If the product is made with 90% capacity of the…

Q: If the demand for a pair of shoes is given by 2p+5q=300

A: Demand for a pair of shoes is given:                          2p + 5q = 300

Q: the amount of free space left on yout hard drive is now 50gb and is decreasing by 5gb per…

A: Given  Free space on the hard drive = 50gb Rate of decreasing = 5gb per month

Q: 4. Malik's weekly pay varies directly to the number of hours he works as weekly pay is $229.50 when…

A: Solution is given below:

Q: . If you were to graph two quadratic functions on the same xy-plane, how many intersection points…

A: Given: Two quadratic equation. The given demand function is fx=0.02x-1002 and the given supply…

Q: Assume it costs Microsoft $4,700 to manufacture 5 Xbox 360s and $7,650 to manufacture 10. Obtain the…

A: according to question, we have to assume it  costs Microsoft $4,700 to manufacture 5 Xbox 360s and…

Q: The total number t of items that a manufacturing company can produce is directly proportional to the…

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Q: The matrix below shows the cost of four different baseballs, including tax, at two different stores.…

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Q: A car rental agency rents 210 cars per day at a price of 29 dollars per day. For each 1 dollar…

A: Given that the car rental agency rents 210 cars per day at a rate of $29 per day. Also, for each $1…