14. Please answer question. Show work clearly. For a manufacturer of cameras and film, the total cost cof producing qc cameras and q units of film is given byc = 30qc +0.015qcqF+qF+900The demand functions for the cameras and film are givenby9c=9000 and afFPC√PF=2000 - PC-400PFwhere pc is the price per camera and p is the price perunit of film. Find the rate of change of total cost withrespect to the price of the camera when pc = 50 andPF 2.

A firm has to forgo an amount of money in the form of costs, during the production or delivery of a…

Answered: For a manufacturer of cameras and film,…

For a manufacturer of cameras and film, the total cost c of producing qc cameras and q units of film is given by 30qc +0.015qc9F +9F +900 The demand functions for the cameras and film are given

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

14. Please answer question. Show work clearly.

For a manufacturer of cameras and film, the total cost c
of producing qc cameras and q units of film is given by
c = 30qc +0.015qcqF+qF+900
The demand functions for the cameras and film are given
by
9c
=
9000 and af
F
PC√PF
=
2000 - PC-400PF
where pc is the price per camera and p is the price per
unit of film. Find the rate of change of total cost with
respect to the price of the camera when pc = 50 and
PF 2.

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