6. Consider the linear total cost (C) equation for producing (x) items: C = 30x + 1000 a) Find the total cost of producing 100 items. b) Find the fixed cost and variable cost terms. c) As production increases by 1 unit, what is the change in total cost?

Q: 9. The variable costs on a new product will be $60 per unit and the fixed costs are estimated to be…

A: Using

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A: Total cost is equal to the sum of fixed expenses and variable cost. Variable cost is equal to the…

Q: Suppose that the price-demand and the price-supply equations are given respectively by the…

A: The price-demand equation is p=Dx=40-0.2x and the price-supply equation is p=Sx=27.5+0.001x2. (a)…

Q: b) Sunway College's newspaper, The Blaze has fixed production costs of RM 70 and marginal printing…

A: (iii) At break even R(x) = C(x)   iv) Profit function = revenue funCtion - cost function

Q: If variable costs increase, but price and fixed costs are held constant, the break even point will…

A:

Q: 2. a.) What comhination of goods rand y should a firm produce to minimize costs when the joint cost…

A:

Q: The point of intersection between Total Revenue and Total Cost is known as Equilibrium. * O True O…

A: False

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: Consider yourself as an entrepreneur at the Mall selling 6000 donuts a day at 50c each. When you…

A:

Q: If the demand equation for an item is D(x) = -5.0x + 80 and a supplier is willing to supply 10 items…

A: Given problem:- If the demand equation for an item is D(x) = -5.0x + 80 and a supplier is willing to…

Q: A company manufacturing laundry sinks has fixed costs of $100 per day but has total costs of $2,500…

A:

Q: c) The fixed costs of a business for production of a particular item over a period are $1000 while…

A:

Q: A company is planning to manufacture affordable graphing calculators. Fixed monthly cost will be…

A: (a) To find: The cost function C, of producing x object GC. Given: The Fixed monthly cost is $50,000…

Q: Suppose a company has fixed costs of $46,800 and variable cost per unit of 2/5 x + 333 dollars,…

A: Solution:-

Q: 4. The price-demand equation and the cost function for the production of infrared thermometers are…

A:

Q: A company making Espresso machines has a demand price that can be modeled by p=500-0.5q^2 and the…

A: Given that: demand price is modeled by p=500-0.5q^2 the total cost is modeled by C=50q+40 To Find:…

Q: The selling price per unit of a product is $30, the fixed costs per month are $12,500, and the total…

A:

Q: Suppose that the price-demand and the price-supply equations are given respectively by the…

A:

Q: Suppose a company has fixed costs of $57,600 and variable costs of 4 9 x + 222 dollars per unit,…

A:

Q: Given the demand function, P = 10 – 2Q and the %3D Total Cost function, TC = 40 + 3Q which is the…

A:

Q: The demand equation for the Cold Spot compact refrigerator is 3x + 9p − 2520 = 0, where x is the…

A: The demand equation for cold spot compact refrigerator, 2x+9p-2520=0 The bubbly equation for the…

Q: The demand function for a product is p=140-2x , where p is the number of dollars and x is the number…

A:

Q: A company is planning to manufacture snowboards. The fixed costs are $100 per day and total costs…

A: Given that:   Total cost = $4900   Fixed cost = $ 100 per day   Daily output = 20 borads.   Let the…

Q: If thẻ demand equation for a product is p= 400 – q² and the supply equation for a product is p = 20q…

A:

Q: The market for a particular consumer good has a demand function given by: q = 24 - p and supply…

A: I am attaching image so that you understand each and every step.

Q: A plant can manufacture 40 tennis racket per day for a total daily cost of $3,500 and 22 tennis…

A: Given: A plant can manufacture 40 tennis racket per day for a total daily cost of $3,500 and 22…

Q: If the total cost function for a product is C(x) = 3(x + 2)° dollars, where x represents the number…

A:

Q: If the total cost function for a product is C(x) = (x + 8)3 dollars, where x represents the number…

A:

Q: A. Assuming that the total cost per day, C(x), is linearly related to the total output per day, x,…

A: here given , A company is planning to manufacture snowboards. The fixed costs are $300 per day and…

Q: A firm has an average cost function 125 q2 A(q)= q +16−4. Write an equation for the total cost…

A: Consider the given average cost function as Aq=125q+q216-4. Since the average cost of q units is Aq,…

Q: The Metropolitan Company sells its latest product at a unit price of $8. Variable costs are…

A: Selling price of the latest product is $8 Fixed cost = $7800 per month Let the number of units sold…

Q: If the total cost function for a product is C(x) = 5(x + 2)3 dollars, where x represents the number…

A:

Q: If the annual demand is reduced to 8,000 units, the set-up costs increased to $120, inventory…

A: Given Annual demand=8000 unit Daily demand=60 unit Production per day=80 unit Ordering cost =$120…

Q: A commodity has a demand function modeled by p = 105 − 0.5x and a total cost function modeled by C =…

A: Given  Demand function. p = 105 − 0.5x  total cost function C = 30x + 31.75

Q: With fixed costs of Ksh. 400,000, a firm has average total costs of Ksh. 3,000 and average variable…

A: Average total cost= Average fixed cost + Average variable cost

Q: one hour to fill 1,000 bottles of Health-Wealth. Only 45,000 bottles and 66 hours are available for…

A: formulate the LPP let x= number of bottles of syrup tonus-2,000 let y= number of bottles of syrup of…

Q: Suppose that cost for a particular product is calculated using the linear equation: Cost = 25 + 3D.…

A:

Q: The market for a particular consumer good has a demand function given by: q = 24 - p and supply…

A: Given, Demand function (p)= d(q)= 24-q Supply function (p)= s(q)= q+q²

Q: price

A: At Equilibrium, Demand = Supply,

Q: Assume it costs Microsoft $4,700 to manufacture 5 Xbox 360s and $7,650 to manufacture 10. Obtain the…

A: according to question, we have to assume it  costs Microsoft $4,700 to manufacture 5 Xbox 360s and…

Q: A company has determined that the price and the monthly demand of one of its products are related by…

A:

Q: 6. Suppose a certain commodity has supply equation p 8x+25 and demand equation p=-x- 2x+100, where x…

A: 6. Given: Where x is the quantity measured in thousands of units.

Q: If the total cost function for a product is C(x) = 5(x + 4)3 dollars, where x represents the number…

A: we have the cost function  C(x)=5(x+4)3

Q: The cost per unit of producing a product is 280 + 0.2x dollars, where x represents the number of…

A:

Q: Suppose that a company needs 1,500,000 items during a year and that preparation for each production…

A: Solution

Q: Assume that the linear cost model applies. If the total cost of producing 1600 items at $15 each is…

A: here we want linear relation  for 1600 item cost for each is $15 1600*15 = $24000 so extra is 24410…

Q: 3. Suppose that the revenue in selling r tables is equal to 200x – 0.25x2 dollars, and producing a…

A: