Suppose that the dollar cost of producing x appliances is c(x) = 1500 + 110x -0.2x². a. Find the average cost per appliance of producing the first 120 appliances. b. Find the marginal cost when 120 appliances are produced. c. Show that the marginal cost when 120 appliances are produced is approximately the cost of producing one more appliance after the first 120 have been made, by calculating the cost directly. The average cost per appliance of producing the first 120 appliances is $ /appliance. (Round to the nearest cent as needed.) ...

Q: Assume that it costs a manufacturer approximately C(x) = 800,000 + 340x + 0.0005x2 dollars to…

A: In this question, optimization technique is used. Optimization Technique using maxima and minima The…

Q: A company estimates that the daily cost (in dollars) of producing x chocolate bars is given by C(x)…

A: Given that  C(x) = 930 + 0.03x + 0.0004x2

Q: The demand function for a commodity is p(x)=8x+50 where x is the number of unites demanded and p is…

A: Given  p(x)=8x+50

Q: The total cost (in dollars) of producing a motorcycle frames is C(x) = 13000 + 300x. (A) Find the…

A: The total cost of producing  motorcycle frames is

Q: A company's marginal cost is given by the function MC = 300 - 2x. Find the total cost of increasing…

A: A company's marginal cost is given by the function MC = 300-2x. Find the total cost of increasing…

Q: Suppose that the cost to a manufacturer of producing x units of a certain motorcycle is given by…

A:

Q: Find the total cost of producing x items if fixed costs are $500 and marginal cost is 6x MC= 10+ x2…

A: We know that marginal cost function is the derivative of the total cost function, so the total cost…

Q: Suppose that the marginal cost to produce backpacks at a production level of x backpacks is 5x4 +…

A: Find the cost function