Suppose the cost function is: C(q) = 64.5q + 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: 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 the marginal cost function C’(x) = 3x2 – 6x, find the cost to produce x items if the fixed…

A: We are given marginal cost

Q: For the given cost function C(x) = 32400+600x + x², First, find the average cost function. Use it to…

A:

Q: Given Cost and Revenue functions C(q) =q³-8q² +54q+5000 and R(q) = -3q² + The costs are $ (Round to…

A: Given: The cost function is Cq=q3-8q2+54q+5000 and the revenue function is Rq=-3q2+2400q and P'q=0…

Q: 2 For the given cost function C(x) 19600 + 800x + x, First, find the average cost function. Use it…

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: Consider the following profit function used my mobile phone manufacturing company for the…

A: A function of x, f(x), will have a maximum value at x = a if the following two conditions are…

Q: For the given cost function C(x) 36100 + 700x + x², First, find the average cost function. Use it to…

A:

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: = Find out (i) P/V ratio, (ii) Fixed Cost (iii) Sales volume to earn a Profit of 745,000. From

A:

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: Procedure used:The maximum and minimum of function f(x) is checked as follow.1 . Calculate the first…

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

A:

Q: #10-The maxgmad cost of a produt is madeled by T when x:3, C40. Find the cost furction.

A:

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

A:

Q: Suppose the cost function for a product is given by C(x)=.002x^3+9x+6912. Find the production level…

A: Consider the given cost function of a product is,

Q: For that cost function C(x)=40+x−1/2x2 find the marginal average cost when x=2.

A: Explanation of the answer is as follows

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 given by C(x)=2e3x. Find the x-value which minimizes the average cost.

A: to find the value of x which minimize the average cost.

Q: a) The cost of producing 5-gallon water bottles is given by C(q) = 0.005q? + 2q + 1000. If 2000…

A:

Q: What do marginal cost, revenue, and profit approximate? If the cost function is C (x) = 4x² + 15,…

A: From the given information, Cx=4x2+15 Thus, a) the marginal cost can be computed as:

Q: For the given cost function C(x) = 57600 + 500x + x², %3D First, find the average cost function. Use…

A: The details calculation is given below

Q: For the given cost function C(x) = 14400 + 700x + x² find: a) The production level that will…

A: Average cost

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+2600q.  The average cost is given by C(q)=C(q)q. To find the quantity which…

Q: For the given cost function C(x)=25600+400x+x^2 First, find the average cost function. Use it to…

A: Explained below...

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: Given a cost function C(x) = 20 +10r + 5x, calculate the average cost at a productions level of r…

A: Average cost function=A(x)=C(x)x=20+10x+5x2x

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: 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= $120 for the price-demand equation below. p= D(x)…

A:

Q: Find the cost function C(x)-

A:

Q: For the given cost function C(x) = 52900 + 400x + x2, First, find the average cost function. Use it…

A:

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

A:

Q: Suppose that the demand x (in units) for a product is x = 15,000 - 150p, where p dollars is the…

A: Given expenditure is : E=px=15000p-150p2 To find at what market price expenditure is maximum.

Q: For the given cost function C(x) = 48400 + 200x + x², First, find the average cost function. Use it…

A:

Q: Given cost function C(q)=q3−135q2+26000q​, what is the minimum average​ cost?   It would be ​$enter…

A:

Q: For the given cost function C(x) = 19600 + 800æ + a?, %3D First, find the average cost function. Use…

A: We have to find production level that minimizes average cost and minimum average cost.

Q: Given that the marginal cost function is C'(x) = 6x -15  and the total cost to produce the first 10…

A: The antiderivative of the marginal cost function is known as cost function Thus, Cx=∫C'xdx=∫6x-15dx

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: Suppose the cost function is given by C (x) =2e3x. Find the x-value which minimizes the average…

A: It is given that, the cost function is given by C (x) =2e3x. We have to find the value of x which…

Q: Given cost function C(q) = q° - 130q + 2600q, what quantity minimizes average cost?

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

Q: For the given cost function C(x) = 28900 + 300x + a?, First, find the average cost function. Use it…

A:

Q: For the cost function C(x)=40+x-1/2x^2 find the marginal average cost when x=2

A:

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

A: minimum value

Q: For the given cost function C(x) = 14400+ 200x + x, First, find the average cost function. Use it to…

A: The Average Cost is the per unit cost of production obtained by dividing the total cost (TC) by the…

Q: 2 For the given cost function C(x) = 16900 + 500x + x First, find the average cost function. Use it…

A: For the given cost function Cx=16900+500x+x2, first to find the average cost function. By using it…

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.