The marginal cost of the fifth sweatshirt is:

Q: The cost, in thousands of dollars, of airing x television commercials during a sports event is given…

A: Marginal cost, C'(x) = change in total cost / change in quantity = δ(C)δx

Q: a bus which holds at most 45 people to go to an educational tour in a museum. The bus company…

A: Firms use the total cost function to compute their profits. The total cost function consists of…

Q: The cost of producing 5-gallon water bottles is given by  C(q) = 0.005q2 + 2q + 1000. If 2000…

A: Total costs, C(q) = 0.005q2 + 2q + 1000. Quantity = 2000

Q: Diane is remodeling an apartment that she will rent out to a college student. The renovation is…

A: Answer: Marginal cost: marginal cost refers to the additional cost of producing an additional good.…

Q: (b) If the average cost function of a good is 16 4· AC = 12x + 4 + find an expression for marginal…

A: The total cost incurred by a firm operating in a market includes fixed costs and variable costs.…

Q: For a certain production process, fixed costs are $60,000. Variable costs are $30 per unit of…

A:

Q: A beer bottling plant could produce 99 bottles of beer for $70 or 100 bottles of beer for $82. The…

A: Total cost is understood as the totality of all the costs which are incurred by a firm in producing…

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

A:

Q: The increase in total cost that results from producing one more unit of output is the marginal cost.…

A: The firm produces various goods and services which incurs cost. The firm would result in the…

Q: A manufacturer believes the function C(x) = 0.25x² 20x + 950 - where 0≤x≤ 100 approximates the…

A: Marginal cost refers to additional cost that is incurred from producing one more unit of output. It…

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: Consider the production function:…

A: Profit of a firm is given by total revenue-total cost. Given production function is. Y = 0.75X +…

Q: If the firm is maximizing its profits when the price is $12, its total cost is: a) $1200 b) $700…

A: A competitive firm maximizes profit by producing at P=MC

Q: If a firm is producing 4units of output at an average cost of $45 when the firm produces 5th unit…

A:

Q: The cost of producing 5-gallon water bottles is given by C(q) = 0.005q2 + 2q + 1000. If 2000…

A: Total costs, C(q) = 0.005q2 + 2q + 1000. Quantity = 2000 units

Q: The cost of producing 5-gallon water bottles is given by C(q) = 0.005q2 + 2q + 1000. If 2000…

A: i.) Marginal cost can be calculated as follows: When q = 2,000, then the marginal cost can be…

Q: If marginal cost is greater than average total cost, then average total cost must be increasing.…

A: The marginal cost curve is downward sloping when it is below ATC. At the same time ATC is also…

Q: The cost to produce x units is given by C ( x ) = 0.03x2 + 8.8x + 1600 + 6.8 square root of x.  Find…

A: Marginal-Cost(MC) is the cost(c) of producing one additional unit. Given the cost-function(c(x)),…

Q: 250 = 10K0.5L0.5

A:

Q: If a firm's total costs are $100 when 10 units of output are produced and $103 when 11 units of…

A: Marginal cost is the additional cost incurred with an additional unit produced.

Q: Marginal cost is plotted (as an approximation) halfway between successive units of output. a. True O…

A: Costs represent the expenses that firms incur during their production activities. A firm incurs…

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 a bus company adds a third daily bus between 2 cities , the company's total costs will increase…

A: The bus company has 2 daily bus between two cities. He is thinking to add the third daily bus which…

Q: If the marginal cost is MC = 30'- +10, the fixed costs are 1, then the total cost TC= (A) Q'-e+100+5…

A: Given MC = Fixed costs = 1

Q: MC=500Q2√Q3+5 (b) Find the total cost function

A: Marginal cost is defined as the cost which is incurred by the producer in order to produce one more…

Q: The cost, in billions of dollars, of airing æ five-second hologram actic Chess game can be…

A: ‘Average cost’: ‘Average cost’ is the ‘total cost’ divided by the number of units of the good. It…

Q: The hourly operating cost of a plane which seats up to 405 passengers is estimated to be $5,328. If…

A:

Q: The cost of producing x units of stuffed alligator toys is c(x) = 0.003x² + 6x + 6000. Find the…

A: Cost is the monetary and non-monetary expenditure incurred by the producer for a given amount of…

Q: C (z) = 0.0423 – 20z+ 350. (a) Find the marginal cost function. a ab |a| sin (a) MC (z) = (b) Find…

A: The marginal cost is the incremental cost incurred in the production of an additional unit of a good…

Q: A company's marginal cost function is MC(x) (given below), where x is the number of units. Find the…

A: In Economics, marginal cost is the change in the total cost that arises when the quantity produced…

Q: . A production process using two inputs, labor and capital is Q = 5LK where Q is output per day. MPK…

A: When the ratio of labour and capital prices equals the marginal rate of technical substitution of…

Q: as an assistant coach on the university swim team and earn $14 per hour. One day, you decide to skip…

A: *Answer:

Q: Determine the values of K and L which minimise the cost function C = 3K+ 5L subject tan to the…

A: Given information: Minimize C=3K + 5L Subject to production constraint 250 = 10K0.5L0.5.

Q: The maximum profit is $ The maximum profit will occur when pillows are sold.

A: The profit function is P(x)=-x3+12x2+144x-400, x≥5 This means that a minimum of 5 units of pillows…

Q: If the accounting profit in an economy is $42 billion and the implicit cost is $29 billion find the…

A:

Q: The Barnes Center started selling first-aid kits for students in the pharmacy! When 300 first-aid…

A: The average cost is the per unit cost of the output and the marginal cost is the change in the cost…

Q: Leonard Presby, Inc., has an annual demand rate of 1,000units but can produce at an average…

A: It is given that the annual demand rate is 1,000 units and average production rate is 2,000 units.…

Q: The cost function for producing x items is C(x)=x2-3x+625. a.Find the average cost function. b.What…

A: According to guidelines, first 3 subparts needs to be answered. Average cost is total cost divided…

Q: Consider a simple three-step manufacturing process as illustrated in the figure given. Assuming the…

A: Demand is a monetary guideline alluding to a purchaser's craving to buy labor and products and…

Q: 50,000-qg %3D 25,000 for 0 <a< 50, 000 Suppose that the cost function for the product is given by…

A: Profit is the collective earnings of a firm, adjusted for cost.  Profit = Total Revenue - Total Cost

Q: The wage is $15 per hour and Paducah’s daily fixed cost for the lathe and building is $50.…

A: * SOLUTION :-

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: The vertical distance between ATC and AVC is equal to TVC O AFC

A: 1. ATC = AFC + AVC Therefore AFC = ATC – AVC   2. AFC curve is downward sloping with increase in…

Q: The total cost C of making x units of a commodity is given by C = 0.005(x)3 + 0.45(x)2 + 12.75(x).…

A: Given: Cost: C = 0.005(x)3 + 0.45(x)2 + 12.75(x) Sales price per unit=$36.75 Profit: P = 36.75(x) -…

Q: The marginal cost to make 180 loaves of bread is $3.15, and the average cost to make 180 loaves of…

A: Marginal cost to make 180 loaves of bread = $3.15 Average cost to make 180 loaves of bread = $3.25

Q: The MARGINAL cost (in dollars) for a certain product is given by C'(x) = 18x + 3 . If the overhead…

A: Total cost of production is the cost expenditure incurred on the the production of the good or the…

Q: If the total cost is C = 0.2Q³ – 4Q² + 1000, what is the marginal cost when Q = 10? A. 800 В. 20 C.…

A: Marginal cost is the change in cost in order to produce one more unit. Marginal cost is the first…

Q: Given = TC = f(q) = 0.3q2 -105q + 120,000 What volume should be produced for minimum cost?  What…

A: Ans. The cost minimization level of output is 175 units.

Q: The unit price of a product is given by P(X) = 200 -  0,01X and the total cost function C(x) = 50X +…

A: Given : P(X) = 200 - 0.01X  C(x) = 50X + 20.000