The total cost of producing x units of a product is given by: and all x units will sell when the price p of each unit is: p(x) 12. C(x) 10x 100vx+ 10,000, 1000 Find functions for the marginal cost and marginal revenue of producing and selling x units of this product. Use marginal analysis to estimate the cost of producing the 101st unit. (a) (b)

Q: The cost (in hundreds of dollars) incurred by a flower shop to produce x hundred flower arrangements…

A:

Q: The demand function for a certain product is given by 1000 q + 1 where p is the price and q is the…

A:

Q: bike company produces bikes. The company has a cost function of C(q) = 2(q + 10)² + In(q² + 16),…

A: Given query is to find marginal cost.

Q: Suppose a product's revenue function is given by R(q) = – 6q² + 600q , where R(q) is in dollars and…

A: We have to find the Marginal profit at 61 units of production.

Q: A1. The revenue function for lift-elbow moisturizer is R(x) = 10 000x -0.05x³, where x is the number…

A: Rx=10000x-0.05x3

Q: The price-demand equation and the cost function for the production of table saws are given,…

A: We have to plot the cost function and revenue function on the same coordinate system. Hence we have…

Q: A company's marginal profit is given by m(x)=-2x + 300 dollars per item, where x is the number of…

A: The average of any function f(x) in the interval [a, b] is given by: