A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,600 per piano. Find the cost C(x) of manufacturing x pianos in one day.C(x) = Use your function to answer the following questions.(a) On a given day, what is the cost of manufacturing three pianos?$ (b) What is the cost of manufacturing the third piano that day?$ (c) What is the cost of manufacturing the 11th piano that day?$ (d) What is the variable cost?$ What is the fixed cost?$ What is the marginal cost?$ per piano A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,600 per piano. Find the cost C(x) of manufacturing x pianos in one day.C(x) =Use your function to answer the following questions.(a) On a given day, what is the cost of manufacturing three pianos?$(b) What is the cost of manufacturing the third piano that day?$(c) What is the cost of manufacturing the 11th piano that day?(d) What is the variable cost?What is the fixed cost?$What is the marginal cost?$per piano

Answered: Image /qna-images/answer/40e0fa0f-42ba-4922-bade-e4fc957ea0e4.jpg

A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,600 per piano. Find the cost C(x) of manufacturing x pianos in one day. C(x) = Use your function to answer the following questions. (a) On a given day, what is the cost of manufacturing three pianos?

A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,600 per piano. Find the cost C(x) of manufacturing x pianos in one day. C(x) = Use your function to answer the following questions. (a) On a given day, what is the cost of manufacturing three pianos?

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter9: Polynomial And Rational Functions

Section9.4: Graphing Polynomial Functions

Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...

See similar textbooks

Related questions

Q: A piano manufacturer has a daily fixed cost of 1,400 and a marginal cost of 1,600 per piano. Find…

A: Given, a piano manufacturer has a daily fixed cost of 1,400 and a marginal cost of 1,600 per piano

Q: A piano manufacturer has a daily fixed cost of $1,800 and a marginal cost of $2,300 per piano. Find…

A: Given cost of manufacturing a piano consists of a fixed cost of $ 1800 and a marginal cost of $…

Q: A piano manufacturer has a daily fixed cost of $1,700 and a marginal cost of $1,900 per piano. Find…

A: (a) Consider the given statement. Formula used: The cost of the function is the sum of variable…

Q: Suppose a company's revenue function is given by R(q) C(q) sold/produced, while R(q) and C(q) are in…

Q: A company has a weekly marginal profit function given by P(x) = 38x - 0.33x2 - 211 dollars per item…

Q: A certain family in Sitio Bugayan opened a t-shirt business last year. The family started with 50…

Q: Company data suggest that the total cost of a certain flight is approximately C(x) = 120x – 0.38x +…

A: This is marginal cost finding question. We can find the marginal cost by differentiating the…

Q: A manufacturer has determined that the revenue from the sale of xx cordless telephones is given by…

Q: use marginal cost to approximate the cost of producing the 21st food processor.…

A: Given:

Q: The marginal cost of producing the xth box of DVDs is 8 + x2 130,000 and the fixed cost is…

A: Given that, The marginal cost of producing the xth box of DVDs is 8 + x^2/130000 and…

Q: A company can sell x units of a product when the price is p=D(x)=3.00−0.005x. The total production…

Q: The total cost of manufacturing x units of Jichu figurines is given by C(x) = 100 x + 125000 + 1/2…

Q: In general, the profit function is the difference between the revenue and cost functions, P(x) =…

Q: A small company makes custom surfboards. They have found that if they sell the surfboards for $100…

Q: A piano manufacturer has a daily fixed cost of $1,600 and a marginal cost of $1,900 per piano. Find…

Q: A company can sell x units of a product when the price is p=D(x)=9.00−0.005x dollars. The total…

Q: the marginal profit function for a companyy is MP(x) = -30x + 920 and P(8) = 6500 What is the…

Q: A manufacturer believes that the cost function 3 C(x) = a +36x +920 2 approximates the dollar cost…

A: here, the given cost function is: C(x)=32x2+36x+920

Q: C(x)=(5/2)x^2+90x+720 approximates the dollar cost of producing x units of a product. The…

A: Given cost function c(x) Marginal cost function= d/dx (c(x))

Q: A manufacture has been selling 1200 television sets a week at $540 each. A market survey indicates…

Q: A certain family in Sitio Bugayan opened a t-shirt business last year. The family started with 50…

A: Given that,A certain family in Sitio Bugayan opened a t-shirt business last year.The family started…

Q: manufacturer believes that the cost function C(x) = 3/2 x^2 + 72x +860 approximates the dollar cost…

A: MC=dC(x) /dx

Q: 2. If the marginal profit is P'(x) = x3 – 2x + 100 and the profit for selling 10 items is $2000,…

A: given marginal profit euation isP'(x)=x3-2x+100profit for selling 10 items is $2000to find profit…

Q: A coffee company has found that the marginal cost, in dollars per pound, of the coffee it roasts is…

A: We know that marginal profit function is the first derivative of the total profit function. Also…

Q: Market research for a certain ice cream company indicates that if the price per cup of ice cream is…

A: According to our guidelines we have to answer first three subparts if multiple subparts are posted…

Q: A coffee company has found that the marginal cost, in dollars per pound, of the coffee it roasts…

Q: A manufacture has been selling 1600 television sets a week at $450 each. A market survey indicates…

A: x= number of TV y=price two points are the slope of the line is given by

Q: Carlota Music Company estimates that the marginal cost of manufacturing its Professional Series…

Q: manufacturer believes that the cost function C(x)=52x^2+125x+500 approximates the dollar cost of…

A: Cost function is givenC(x)=52x2+125x+500& marginal cost is $315to final no of unit & total…

Q: A piano manufacturer has a daily fixed cost of $1,700 and a marginal cost of $1,900 per piano. Find…

A: A variable cost is a corporate expense that changes in proportion to how much a company produces or…

Q: |A manufacture has been selling 1400 television sets a week at $480 each. A market survey indicates…

A: Solve the problem as solved below and then find the answer.

Q: Market research for a certain ice cream company indicates that if the price per cup of ice cream is…

A: As per our guidelines, we can answer only three sub-parts in a single request. Kindly re-post the…

Q: A piano manufacturer has a daily fixed cost of $1,700 and a marginal cost of $1,900 per piano. Find…

Q: A company has a weekly marginal profit function given by P(a) = 39x- 0.36x2 - 206 dollars per item…

A: Sol:> Given, marginal Profit P(x) = 39 (x) - 0.36 x2 - 206 . Profit =>…

Q: A particular computing company finds that its weekly profit, in dollars, from the production and…

A: Since the student has posted many sub-parts of the question and does not mention any specific part,…

Q: A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,500 per piano. Find…

A: Given that Fixed cost of a piano = $ 1300 Marginal coast of…

Q: A manufacture has been selling 1250 television sets a week at $480 each. A market survey indicates…

Q: A coffee company has found that the marginal cost, in dollars per pound, of the coffee it roasts…

Q: The profit in dollars from the sale of x expensive watches is P(x) = 0.04x² - 5x+6x0.3 |_ -4800.…

Q: The profit in dollars from the sale of x thousand compact disc player is P(x)=x3-7x22x+8. Find the…

Q: The daily demand price function of selling x units of a product is given by p 100-4x. What is the…

Q: 5. The production costs, in dollars, per day of producing x widgets is given by, C (x) = 400 – 3x +…

Q: Your college newspaper, The Collegiate Investigator, sells for 90c per copy. The cost of producing x…

A: Cx=50+0.10x+0.001x2 & the Collegiate Investigator sells news paper for per copy. Tis means 0.90…

Q: A manufacture has been selling 1100 television sets a week at $420 each. A market survey indicates…

Q: If the total cost of a firm is C(x) =1.5x3- 5x2 + 20x + 5 Find the marginal cost (in dollars) when…

Q: The cost, in dollars, of producing x yards of a certain fabric is C(x) = 1500 + 13x – 0.1x² +…

A: You need to round your answer to four decimal places. In last two answers you have written it to…

Q: 2. An electronics company finds that its total profit from selling x hard drives is given by the…

A: We need to find marginal profit.

Q: Pearl Ltd. intends to manufacture and market vegetable crates. Their research department has derived…

A: Pearl Ltd. intends to manufacture and market vegetable crates. Their research department has derived…

Q: A manufacture has been selling 1600 television sets a week at $540 each. A market survey indicates…

A: (a) Here x is the number of television sets sold per week and p(x) is the corresponding price in…

Q: If the total cost of a firm is C(x)=1.5x3 - 5x2 + 20x + 5. Find the marginal cost (in dollars) when…

Question

A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,600 per piano. Find the cost

C(x)

of manufacturing x pianos in one day.

C(x) =

Use your function to answer the following questions.

(a) On a given day, what is the cost of manufacturing three pianos?
$

(b) What is the cost of manufacturing the third piano that day?
$

(c) What is the cost of manufacturing the 11th piano that day?
$

(d) What is the variable cost?

What is the fixed cost?
$

What is the marginal cost?
$ per piano

A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,600 per piano. Find the cost C(x) of manufacturing x pianos in one day.
C(x) =
Use your function to answer the following questions.
(a) On a given day, what is the cost of manufacturing three pianos?
$
(b) What is the cost of manufacturing the third piano that day?
$
(c) What is the cost of manufacturing the 11th piano that day?
(d) What is the variable cost?
What is the fixed cost?
$
What is the marginal cost?
$
per piano

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

$Area$

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.