For the given cost function C(x) = 44100 + 300x + x2 x², First, find the average cost function. Use it to find: a) The production level that will minimize the average cost x = b) The minimal average cost $ Question Help: Video Submit Question

Q: Average Cost Suppose the total cost function for aproduct is determined to be C(x) = 30x +…

A: Given: total cost function for a product is determined to be C(x) = 30x + 3150where x is the number…

Q: Total cost is given by the equation TC = aQ3 – b Q2 + c Q + d                   Find variable…

A: TC = aQ3 - bQ2 + cQ + d We have to find variable cost,marginal cost and average cost.

Q: For each cost function (given in dollars), find the cost, average cost, and marginal cost at a…

A: Given : a. at q = 1000 Average cost = 128000/1000 = 128 dollars / unit   Marginal cost for q=1000

Q: Given below is a total cost graph. The capacity per period is 200. 6000 5000 (200, 4000) 4000 3000…

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Q: Assume that the situation can be expressed as a linear cost function. Find the cost function in this…

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Q: Suppose the cost function is C(x) = 5x² + 12x + 40. Find the average cost for making 42 items. Round…

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Q: Find the consumer and producer surpluses. Demand Function P₁(x) = 310 - x consumer surplus producer…

A: Since you have posted multiple questions, I can do first question as per our company guidelines.…

Q: Find the minimum AVERAGE cost, if the total cost function is given by C(x)=3x2+7x+7500 O A. 420 O B.…

A: Given equation:-    C(x)=3x2+7x+7500 Then the Average cost is A= C(x)x C(x)=3x2x+7xx+7500x C(x) =…

Q: A supply company charges for 50-gallon tanks using the demand function p(x) = 40 – 4.8x. What is the…

A: In any business revenue is the total amount received by selling a given number of items at a given…

Q: Assume that the relationship between price p and demand x is linear. Express p as a function of x…

A: P= $2.5, Q = 2750   P = $2.80, Q = 2600   Fixed cost = $4450.40   VC = $1.34   Lets first find out…

Q: Assume that the situation can be expressed as a linear cost function. Find the cost function in this…

A: cost function C(x)= (marginal cost(m))*x + fixed cost(b) C(x)=mx+b

Q: Given the price-demand function below, find the value of x which maximizes revenue.…

A: The price-demand function is given as,find the value of x which maximizes revenue.

Q: The total daily cost (in dollars) of producing a mountain bikes is given by C(x)=3,000+4x+0.3x².…

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Q: Questlon If C(z) = 12x +3000 is the cost function representing the cost of producing z shoes, how…

A: Given , c(x) =12x+3000 Here c(x) represents cost of producing x shoes . Here they asked to calculate…

Q: Assume that the linear cost model applies. If the total cost of producing 200 items at $5 each is…

A: C(x) = mx + b m = 5 as each item production cost is $5 C(x) = 5x + b Given that x = 200 then C(200)…

Q: A. Find the average cost function for ? televisions produced. B. Find the instantaneous rate of…

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