Suppose the cost function is: C(q) = 64.5g + 11600 %3D Using your average cost function, A(q) , find the quantity required to be produced so that the average cost per item is $6 more than the variable costs given in the cost function. Answer- items (Round to the nearest whole unit)

Q: Suppose that the total cost of producing q widgets is given by C(q) = 0.02q + 50g + 1000. Also,…

A: Given that, Total cost C(q) = 0.02q2 + 50q + 1000 Price of a widget p = 100 - 0.005q  a) Total…

Q: In this problem, p is in dollars and x is the number of units. Suppose that the supply function for…

A: Given: The supply function for a good is given by, p(x)=4x2+26x+3. If the equilibrium price is $171…

Q: Given cost function C(q) = q cubed -125q squared+26,000q,  what is the minimum average cost ?   It…

A: Given Cq=q3-125q2+26,000q

Q: Find the average cost function if cost and revenue are given by C(x) = 157 + 2.7x and R(x) = 4x…

A:

Q: Given the marginal-cost function 10e9 + 1.8q² – 1.4g + 6.5 and fixed cost 700, find the total-cost…

A: We know that, marginal cost function is the derivative of the total cost function. So by doing…

Q: For the given cost function C(x)=48400+300x+x^2 First, find the average cost function. Use it to…

A:

Q: he given cost and demand functions, find the production level that will maximize profit. (Round your…

A: Given query is to find the production level to maximize the profit.

Q: Given cost function C(q) = q° - 130q +24000q, what is the minimum average cost? 3 It would be $ per…

A: Given function C(q)=q3-130q2+24000q. The objective is to find the minimum average cost.

Q: Find the consumers' surplus at a price level of p= $160 for the price-demand equation below. p =…

A:

Q: Find the consumers' surplus at a price level of p= $150 for the price-demand equation below. p= D(x)…

A:

Q: Given cost function C(q) = q° - 125q + 26000q, what is the minimum average cost? It would be $per…

A:

Q: 1,000 8. Given the cost function C=10x+- find the number of unit x to get the minimum cost.

A:

Q: For the given cost function C(x) = 44100 + 300x + x? find: a) The production level that will…

A:

Q: Find the consumers surplus at a price level of p=$7 for the price -demand equation p=D(x)=25-0.4x.

A:

Q: For the given cost function C(x) = 25600 + 500z + x², %3D First, find the average cost function. Use…

A: Given cost function C(x)=25600+500x+x2

Q: Find the cost function for marginal cost function  C′(x) = x2/3 + 2;    8 units cost $58

A: The marginal cost function is the derivative of the cost function. Hence the integration of the…

Q: Given the cost function C(x) and the revenue function R(x), find the number of units x that must be…

A:

Q: Find the consumers' surplus at a price level of p = $150 for the price-demand equation below. p=…

A:

Q: Find the consumers' surplus at a price level of $8 for the price-demand equation p = D(x) – 0.05x

A: Solution is given below : Answer: 1440

Q: Suppose the cost function is C(x) = 5x² + 12x + 40. Find the average cost for making 42 items. Round…

A:

Q: Find the price that will maximize profit for the demand and cost functions, where p is the price, x…

A: Here we will find price p to maximise profit,

Q: For the cost function C(x)=7450+190x+0.2x^2 and the demand function p(x)=570, find the production…

A:

Q: For the given cost function C(x): 10000 + 800 + x², %3D First, find the average cost function. Use…

A: Topic=  Algebra

Q: Given cost function C(q) = q° - 130q + 2600q, what quantity minimizes average cost? A It would be L…

A: Given that Cq=q3-130q2+2600qAverage cost is given as C(q)=C(q)q To find the quantity which minimize…

Q: Given a cost function C(x)=−x3+7x2−10x, x≥0. What is the value of x at which the average cost is a…

A: The average cost function  is C(x)/x as shown on board

Q: Find the break-even point when the cost function is   C=$20x+$3,235   and the revenue function is…

A: Givencost function C=20x+3535and revenue function R=293x

Q: 4. Given the cost function C(x) =120+12x Find the marginal average cost function.

A: We find the average cost function

Q: Suppose the cost function is C(x)=2x + 550, and the revenue function is R(x)v = 15/2x. Find the…

A: Given query is to find the profit function and marginal profit function.

Q: Find the consumers' surplus at a price level of p= $130 for the price-demand equation below. p= D(x)…

A: Topic- price demand and surplus

Q: For the cost function C(x) = 720+4x + 0.02x² dollars and price function p(x) = 15 – 0.002x dollars,…

A:

Q: Find the consumers' surplus at a price level of p = $150 for the price-demand equation below.…

A: Given p=400-0.02x

Q: In this problem, p is in dollars and x is the number of units. Suppose that the supply function for…

A:

Q: Find the consumers' surplus at a price level of p $150 for the price-demand equation below. p= D(x)…

A:

Q: Given the cost function C(x) and the revenue function R(x), find the number of units x that must be…

A:

Q: Find the consumers' surplus at a price level of p= $120 for the price-demand equation below. p= D(x)…

A:

Q: Suppose the cost function is: C(q) = 95.8q + 13400 Using your average cost function, A(q) , find the…

A:

Q: Find consumer's surplus at the market equilibrium point given that the demand function is p=V529 68x…

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Q: Catherine de Medici wants to purchase some of your nitre stockpile. Her initial proposal is to buy…

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Q: A manufacture has been selling 1500 television sets a week at $540 each. A market survey indicates…

A: Solution is given below:

Q: Given cost function C(q) = q° - 125q + 25000q, what is the minimum average cost? It would be $ per…

A:

Q: ou have estimated the cost function for producing q items will be C(q) = 29400 + 16q, and %3D expect…

A:

Q: For the given cost function C(x) = 19600 + 600x + x, First, find the average cost function. Use it…

A:

Q: For the given cost function C(x) = 48400 + 800x + x First, find the average cost function. Use it to…

A: Solve the following

Q: Given cost function C(q) = q° - 130q +26000q, what is the minimum average cost? It would be $ per…

A: The given cost function,   Cq=q3-130q2+26000q

Q: Given cost function C(q) = q - 135q + 25000q, what is the minimum average cost? It would be $ per…

A: minimum value

Q: A firm sells a product for $80 per unit. Raw material costs are $12,50 per unit, labor costs are…

A: a) To determine: The profit function: It is given that x are the sold units. Now we know that,…

Q: Given cost function C(q) = q° - 130q + 24000q, what is the minimum average cost? per item. (Round to…

A: The cost function Cq=q3-130q2+24000q

Q: Find the producers' surplus at a price level of p = $59 for the price-supply equation below. p= S(x)…

A:

Average

In mathematics, everyone must have heard the term average in one place or other. Almost all types of calculation require taking out an average. In everyday life, the term is used for denoting a certain amount that can be said to be a typical quantity for multiple people or objects. In other words, if a group of people possesses a certain object, then the average gives us an idea regarding the quantity of the object possessed by each person. However, this is solely based on mathematical calculation. It is important to note that most people will not strictly have the average value in a group.