The marginal cost with respect to x if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C ( x , y ) = 30 + x 2 + 3 y + 2 x y , where x represents the quantity of product X produced and y represents the quantity of product Y produced. Interpret the answer.

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Answer 1

Question

Chapter 14.3, Problem 7E

(a)

To determine

To calculate: The marginal cost with respect to x if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Interpret the answer.

(b)

To determine

To calculate: The marginal cost with respect to y if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Also, interpret the answer.

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Answer 2

Question

Chapter 14.3, Problem 7E

(a)

To determine

To calculate: The marginal cost with respect to x if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Interpret the answer.

(b)

To determine

To calculate: The marginal cost with respect to y if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Also, interpret the answer.

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Answer 3

Question

Chapter 14.3, Problem 7E

(a)

To determine

To calculate: The marginal cost with respect to x if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Interpret the answer.

(b)

To determine

To calculate: The marginal cost with respect to y if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Also, interpret the answer.

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Answer 4

Question

Chapter 14.3, Problem 7E

(a)

To determine

To calculate: The marginal cost with respect to x if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Interpret the answer.

(b)

To determine

To calculate: The marginal cost with respect to y if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Also, interpret the answer.

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Answer 5

Chapter 14.3, Problem 7E

(a)

To determine

To calculate: The marginal cost with respect to x if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Interpret the answer.

(b)

To determine

To calculate: The marginal cost with respect to y if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Also, interpret the answer.

Answer 6

Chapter 14.3, Problem 7E

(a)

To determine

To calculate: The marginal cost with respect to x if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Interpret the answer.

Answer 7

Chapter 14.3, Problem 7E

(a)

To determine

To calculate: The marginal cost with respect to x if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Interpret the answer.

Answer 8

(b)

To determine

To calculate: The marginal cost with respect to y if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Also, interpret the answer.

Answer 9

(b)

To determine

To calculate: The marginal cost with respect to y if 8 units of product X and 10 units of product Y are produced. The joint cost (in dollars) for two products is given by C(x,y)=30+x2+3y+2xy, where x represents the quantity of product X produced and y represents the quantity of product Y produced. Also, interpret the answer.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 14.1 - CHECKPOINT 1. Find the domain of the function Ch. 14.1 - Prob. 1E Ch. 14.1 - Prob. 2E Ch. 14.1 - Prob. 3E Ch. 14.1 - Prob. 4E Ch. 14.1 - Prob. 5E Ch. 14.1 - Prob. 6E Ch. 14.1 - Prob. 7E Ch. 14.1 - Prob. 8E Ch. 14.1 - Prob. 9E

Solution Summary: The author calculates the marginal cost with respect to x, if 8 units of product X and 10 units are produced. The joint cost (in dollars) for two products is given by Cleft.

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