Question Help The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the 50th product is $6.20, it cost $6.20 to increase production from 49 to 50 units of output. Suppose the marginal cost C (in dollars) to produce x thousand mp3 players is given by the function C(x) = x2 - 140x +7500. A. How many players should be produced to minimize the marginal cost? B. What is the minimum marginal cost? A. To minimize the marginal cost, thousand mp3 players should be produced.

Q: An organization providing cell phone cases with their logo on it can give away 158 cases in a day.…

A: Let us say the daily cost of all the cases in a day is 'c'.  This cost will depend on some varialble…

Q: Suppose that in a monopoly market, the demand function for a product is p = 160 -0.20x and the…

A:

Q: The total cost C for a manufacturer during a given time period is a function of the number N of…

A: a) for N = 300  p= 50 - 0.05 x 300 = 50 - 15 = 35 For N = 500 p = 50 - 0.05 x 500 = 50 - 25 = 25

Q: A manufacturer has a monthly fixed cost of $13,200 and a production cost of $14 for each unit…

A: Since you have posted multiple sub parts, as per our policy we will answer first three sub parts.…

Q: According to the equation given, a toy manufacturer calculates its daily pro workers n it employs.…

A: Given, Profit function is           P=300n-0.6n2

Q: (a) Verify that the formula p = 50 - 0.04N, where p is the price in dollars, gives the same values…

A: Given the price function p=50-0.04N.

Q: he total cost C for a manufacturer during a given time period is a function of the number N of items…

A: Given that: suppose that a manufacturer of vidgets has fixed costs of $5000 per month and that the…

Q: Suppose that a manufacturer of widgets has fixed costs of $9000 per month and that the variable cost…

A: