The cost of manufacturing three pianos on a given day using the cost function C ( x ) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $ 1000 and $ 1500 per piano respectively.

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Answer 1

Question

Chapter 1.2, Problem 17E

(a)

To determine

To calculate: The cost of manufacturing three pianos on a given day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(b)

To determine

To calculate: The cost of manufacturing third pianos on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(c)

To determine

To calculate: The cost of manufacturing 11th piano on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(d)

To determine

To calculate: The variable cost, the fixed cost and the marginal cost using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(e)

To determine

To graph: The sketch of the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

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Answer 2

Question

Chapter 1.2, Problem 17E

(a)

To determine

To calculate: The cost of manufacturing three pianos on a given day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(b)

To determine

To calculate: The cost of manufacturing third pianos on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(c)

To determine

To calculate: The cost of manufacturing 11th piano on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(d)

To determine

To calculate: The variable cost, the fixed cost and the marginal cost using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(e)

To determine

To graph: The sketch of the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Expert Solution & Answer

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Answer 3

Question

Chapter 1.2, Problem 17E

(a)

To determine

To calculate: The cost of manufacturing three pianos on a given day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(b)

To determine

To calculate: The cost of manufacturing third pianos on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(c)

To determine

To calculate: The cost of manufacturing 11th piano on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(d)

To determine

To calculate: The variable cost, the fixed cost and the marginal cost using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(e)

To determine

To graph: The sketch of the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Expert Solution & Answer

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Answer 4

Question

Chapter 1.2, Problem 17E

(a)

To determine

To calculate: The cost of manufacturing three pianos on a given day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(b)

To determine

To calculate: The cost of manufacturing third pianos on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(c)

To determine

To calculate: The cost of manufacturing 11th piano on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(d)

To determine

To calculate: The variable cost, the fixed cost and the marginal cost using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(e)

To determine

To graph: The sketch of the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Expert Solution & Answer

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Answer 5

Chapter 1.2, Problem 17E

(a)

To determine

To calculate: The cost of manufacturing three pianos on a given day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(b)

To determine

To calculate: The cost of manufacturing third pianos on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(c)

To determine

To calculate: The cost of manufacturing 11th piano on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(d)

To determine

To calculate: The variable cost, the fixed cost and the marginal cost using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

(e)

To determine

To graph: The sketch of the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 6

Chapter 1.2, Problem 17E

(a)

To determine

To calculate: The cost of manufacturing three pianos on a given day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 7

Chapter 1.2, Problem 17E

(a)

To determine

To calculate: The cost of manufacturing three pianos on a given day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 8

(b)

To determine

To calculate: The cost of manufacturing third pianos on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 9

(b)

To determine

To calculate: The cost of manufacturing third pianos on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 10

(c)

To determine

To calculate: The cost of manufacturing 11th piano on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 11

(c)

To determine

To calculate: The cost of manufacturing 11th piano on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 12

(d)

To determine

To calculate: The variable cost, the fixed cost and the marginal cost using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 13

(d)

To determine

To calculate: The variable cost, the fixed cost and the marginal cost using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 14

(e)

To determine

To graph: The sketch of the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 15

(e)

To determine

To graph: The sketch of the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

Answer 16

Expert Solution & Answer

Answer 17

Expert Solution & Answer

Answer 18

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Answer 19

Ch. 1.1 - In Exercises 1-4, evaluate each expression based...Ch. 1.1 - In Exercises 1-4, evaluate each expression based...Ch. 1.1 - In Exercises 1-4, evaluate each expression based...Ch. 1.1 - In Exercises 1-4, evaluate each expression based...Ch. 1.1 - Prob. 5E Ch. 1.1 - Prob. 6E Ch. 1.1 - In Exercises 5-8, use the graph of the function f...Ch. 1.1 - Prob. 8E Ch. 1.1 - In Exercises 9-12, say whether or not f(x) is...Ch. 1.1 - In Exercises 9-12, say whether or not f(x) is...

The cost of manufacturing three pianos on a given day using the cost function C ( x ) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $ 1000 and $ 1500 per piano respectively.

Solution Summary: The author explains how to calculate the cost of manufacturing three pianos on a given day.

To calculate: The cost of manufacturing three pianos on a given day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

To calculate: The cost of manufacturing third pianos on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

To calculate: The cost of manufacturing 11th piano on that day using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

To calculate: The variable cost, the fixed cost and the marginal cost using the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

To graph: The sketch of the cost function C(x) of manufacturing x pianos in one day, where the fixed cost and a marginal cost of a piano manufacturer is $1000 and $1500 per piano respectively.

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