Suppose that the total cost (in dollars) for a product is given by C(x) 1700 + 160 In(2x + 1) where x is the number of units produced. (a) Find the marginal cost MC function. MC = (b) Find the marginal cost when 160 units are produced. (Round your answer to the nearest cent.)

Q: Assume that a firm’s total cost is given by C = 20 + 0.5q, where q is the quantity of the output…

A: Given: The firm's total cost is given by C=20+0.5q, where q is the quantity of the output produced…

Q: Suppose the demand for a product is q = 1080 – 0.1 p. Determine the price, p, that results in…

A:

Q: The cost of producing x items of a product is given by…

A: Given Cost function Cx=0.87x+900.87x+80-400 To find Marginal Cost when x=66

Q: The marginal revenue function of a good is given by MR = 275 – x – 0.3x². Find the percent of…

A: Given: The marginal revenue function MR=275-x-0.3x2. The production is increased from 10 units to 20…

Q: The revenue in dollars from the sale of x calculators is given by the equation R(x) = 8+ 440x - 2x2…

A:

Q: Total cost and revenue are approximated by the functions C = 4000 + 2. 2q and R = 4q , both in…

A: Given total cost of the functions C=4000+2.2q and revenue function is R=4q. We have to find the…

Q: Suppose that the cost (in millions of dollars) to remove x percent of a certain pollutant is given…

A: Given, f(x)=20x102-x