Find the value of Marginal cost if the marginal cost function is given is :- 3Q2 - 42 And the value of Q is 5

Q: firm's average cost (AC) per unit of output depends on the number of hours of skilled labor (S) and…

A: AC = 3S2+2U2- 2SU-2S-6U+20

Q: Find the total-cost function c(q) given the marginal-cost function dc/dq below, if the fixed costs…

A: Given data: Marginal cost function, dcdq=1q+8 Fixed cost, FC=$4000

Q: q = AB + B2 1. Find the expressions for the cost minimizing levels of A and B. You do not have to…

A: Given: q = AB + B2 Where A is = Labor input B, is = Capital input To Find: The expression for the…

Q: The average cost for a firm is given as a function as follows:- AC 3Q²-6Q + 20 = Calculate the Total…

A: WE Know that the average cost simply defined as the total cost per unit of output.  That is :- AC =…

Q: Given the average-cost function AC=Q^2-4Q+174, find the MC function. Is the given function more…

A: Average Cost (AC) function is given as:

Q: If Total Revenue = 25Q-2Q^2, graph the Total Revenue function and using the average cost function,…

A: By putting the different values of the quantity in the total revenue function we will get the total…

Q: Economists at Jensen Enterprises used time-series data to estimate the following total cost function…

A: TC(total cost) is the sum of TVC(total variable cost) and TFC(total fixed cost). AC(average cost) is…

Q: The marginal cost function is MC = 100 – 20x + x², then the cost function is Select one: а. C(x) =…

A:

Q: Suppose the short-run production function is q = 11L². Suppose that the wage rate is $112 per unit…

A: The firm produces goods and services which would result in the minimisation of the cost.with the…

Q: Cost is in dollars and x is the number of units. Find the marginal cost function. MC for the given…

A: Given data: Cx=700+5x+0.04x2

Q: The total cost function of a firm is:- 23Q² - 13Q + 40 Find the average cost function

A: The total cost (TC) is divided by the entire output to get the average cost of production (Q). All…

Q: The average cost function of a firm is:- 2Q² - 350 Find the total cost function

A: The data presented in the question above is:- We are given with the average cost function of a firm…

Q: Q.No.6 a. If total cost function is (6) C= C(Q) Show the relationship between marginal cost and…

A: Marginal cost refers to the additional cost of production incurred in the process of increasing…

Q: Consider the total cost function, TC = 25 + 6Q - 5Q^2 + 6Q^3 Find the marginal cost (MC) at Q= 6.

A: The total cost function is,  TC = 25 + 6Q - 5Q2 + 6Q3 Marginal Cost (MC) is defined as the change in…

Q: Given the production function: q(K,L) = 3K +L, r=6, w= 3. What is the total cost function, C(a)? A.…

A: Production function: q=3K+L         ....... (1) Wage rate w=3 rent r =6 In order to find total cost…

Q: For the total cost function TC (q) = q³ – 30q² + 800q, find the minimum marginal and average cost.…

A: Average Cost(AC)=TCq=q3-30q2+800qqAC=q2-30q+800Marginal Cost=dTCdqMC=3q2-60q+800

Q: Given prices for the two inputs as w1 = 1, w2 = 2, find the cost function of the (attached)…

A: Answer to the question is as follows:

Q: Calculate the total cost function if average cost function is :- 36Q3 - 5Q2 + 10

A: We are given with the average cost function:- 36Q³ - 5Q² + 10 Also we know that :- TC = AC * Q

Q: Consider the following cost function: C(Q)=9,300+44Q+0.025Q 2 Calculate total costs when Q=180

A: The cost function calculates the lowest possible cost of manufacturing a specified quantity of…

Q: Let AC(q) and MC(q) be the average cost function and the marginal cost function respectively. (a)…

A: We know  AC(q)=TC(q)qand MC(q)=dTC(q)dq

Q: C(Q) = 100 + 20Q + 15Q2 + 10Q3 Based on the cost function, determine: The fixed cost of…

A: Total cost = Fixed cost + Variable cost Fixed cost is that which are not depend on level of output.…

Q: The marginal cost function of a company is given by MC 5+x, and the cost of producing 2 umits is 712…

A: Fixed costs are costs that do not change when sales or production volumes increase or decrease.Fixed…

Q: If C = 0.0001Q2 + 3Q + 6000 is a total-cost function, find the marginal cost when Q = 100.

A: Marginal cost is the cost of the last unit produced, and it is a change in total cost for the last…

Q: If the production function of a firm is P = 60kl, where the price per unit of input k is $10 and I…

A: Production function of a firm : P = 60kl Price of per unit of k : r=$10 Price of per unit of l :…

Q: Since marginal cost is the reciprocal of marginal product times the input price, it decreases as…

A: The marginal cost refers to the additional cost incurred on production of an additional unit of…

Q: Define the cost function c(w1,w2 ,y) =w1×1(w1,w2.y) + w2x2(w1,w2,y). Show that the cost function is…

A: Given function C(W1,W2,y)=W1X1(W1,W2,Y)+W2X2(W1,W2,Y) Here W1=first input prices W2= second input…

Q: C(Q) = 100 + 20Q + 15Q2 + 10Q3 Based on the cost function, determine: The average fixed cost of…

A:

Q: The total cost function of a firm is:- 23Q? - 13Q + 40 Find the average cost function

A:

Q: 25) If a firm has the cost function C(q) = 5q² + 20q + 180 and the marginal cost function MC(q) =…

A: average cost or unit cost is equal to total cost divided by the number of units of a good produced…

Q: Total cost function is given as:- 3Q4 -5Q3 + 2Q2 + 16Q Calculate the marginal cost function

A: # We know that Marginal cost is given as:- MC = change in Total Cost / Change in quantity Thus it…

Q: Suppose a firm faces the following cost function: C(q) = 36 + 16q – 8g² + 2q%

A:

Q: Consider the following cost function.   a. Find the average cost and marginal cost functions. b.…

A: Average cost refers to total cost per unit of output. Marginal cost refers to change in total cost…

Q: Given the cost function ,  TC = 4q2 + 9 - calculte marginal cost ?

A: Marginal cost is the cost incurred when producing one additional output.

Q: The total cost of producing q items is given by the formula C(q) = -q^3 + 40q^2 +1000, e.g. C(10)…

A: Total cost- It is the sum of all types of costs involved in the production.

Q: Consider the following cost function: C=0.25q° - 49 + 85q + 150: When output is 16 units, average…

A: please find the answer below.

Q: Q (1) If the total costs function of a particular economic project is as follows: Required: Find the…

A: Given:  Total Cost = 35+40Q

Q: Suppose the short run cost function can be written as TC=250 + 10Q. Average fixed cost equals A.…

A: According to the given questions The short run cost function is a function which simple word is said…

Q: Find the cost function for the marginal cost function. c'(x) = 0.06 e 001x. fixed cost is S7 C(x) =|

A: We are going to find total cost function by integrating marginal cost function to answer this…

Q: Find the total-cost function c(q) given the marginal-cost function dc/dq below, if the fixed costs…

A: Given data: Fixed cost is $4000 dcdq=1q+8

Q: If the production function is q = min{L, K/3} and the price of L is $3 per unit (w=3), and the price…

A: Given  Production function q=minL,K/3              ... (1) Price of labor (w) = $3 Price of capital…

Q: Consider the following cost function. a. Find the average cost and marginal cost functions. C(x) =…

A: The provided cost function is: Cx=1700+0.4x

Q: The total cost of producing the first q items is given by the formula C(q) = -2q^3 + 60q^2 + 1000…

A: Given: Total cost function C(q) = -2q3 + 60q2 + 1000 First, we will find the average cost function…

Q: Suppose the cost function is C(Q) = 50 + Q − 10Q2 + 2Q3. What is the marginal cost of producing 10…

A: Here, cost function is given as: C(Q) = 50 + Q − 10Q2 + 2Q3 To find: marginal cost of 10th unit.

Q: Suppose the production function for a product is given by q = 100KL. If the price of capital is $81…

A: Given:  Production Function : q=100KL Price of capital (r) = $81 per day Price of labor (w) = $27…

Q: or each of the following cost-output relationships, describe the shape (U-shape, decreasing,…

A: Given cost functions a) C= 42,500,000+2550Q            ............ (1) b) C=8.48+0.65Q+0.00220Q2…