If the marginal cost function for x units of a product is MC=1+3 ln (x+1) dollars per

Question:

If the marginal cost function for x units of a product is MC=1+3 ln (x+1) dollars per unit and
if the fixed cost is $100, find the total cost function.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

See More Books

Question Posted: Feb 09, 2018 07:30 AM

See More Questions

The total cost function for x units of a product is given by C(x) =2500 ln (2x +1) + 1500 (a) Find the total cost of producing 80 items. (b) How many units can be produced before total costs reach...
Suppose the cost function for x units of a product is given by C(x) = 40,000 + x2 dollars. Find the average cost over the first 150 units.
Suppose the joint cost function for x units of product X and y units of product Y is given by C(x, y) = 2500 xy + 1 dollars Find the marginal cost with respect to (a) x. (b) y.
Find the magnitude of the reaction at A and the tension in cable CD using (a) the con- cepts of three-force bodies (closed polygon method discussed in chapter 2). (b) Check your answers by doing sum...
Thin threads are tightly wound on the ends of a uniform solid cylinder of mass m. The free ends of the threads are attached to the ceiling of an elevator car. The car starts going up with an...
a. Keith Thomas and Thomas Brooks began a new consulting business on January 1, 2016. They organized the business as a C corporation, KT, Inc. During 2016, the corporation was successful and...
There has been much opposition to the Trans-Pacific Partnership (TPP). For a sampling of arguments against this proposed pact, visit www.globalexchange.org, www.citizenstrade. org, and...
The following relative frequency ogive represents the lengths of a random sample of tornadoes in the United States. (a) What is the class width? (b) Approximately 92% of all tornadoes are less than...
Raphael Corporation's balance sheet shows the following stockholders' equity section. $ 80,000 Preferred stock-5% cumulative, $ par value, 1,000 shares authorized, issued, and outstanding Common...
On January 1. Ruiz Company issued bonds as follows: Face Value: Number of Years: Stated Interest Rate: Interest payments per year 500,000 15 7% Required: 1) Calculate the bond selling price given the...
If the supply function for x units of a commodity is p=30+50 ln (2x+1)2 dollars, what is the producer's surplus at x=30?
Suppose that a machine's production can be considered as a continuous income stream with annual rate of flow at time t given by f (t)=10,000-500t (dollars per year) If money is worth 10%, compounded...
Why is the case study approach more relevant for some contingent studies?
A Ltd. is preparing its cash budget for the period. Sales are expected to be ` 1,00,000 in April 2015, `2,00,000 in May 2015, ` 3,00,000 in June 2015 and ` 1,00,000 in July 2015. Half of all sales...
A Company Operates throughput accounting system. The details of product A per unit are as under: Selling price `40 Material Cost `10 Conversion Cost `15 Time on Bottleneck resources 10 minutes What...
If the lines 4x + 5y = 13 and 4y + kx = 2 are parallel, what is the value of k?
Find the APR in each of the following cases: NUMBER OF TIMES COMPOUNDED Semiannually Monthly Weekly Infinite EAR APR 10.4% 8.9 11.6 15.4
(a) Find the slope of the tangent to the asteroid x = a cos3 , y = a sin3 in terms of . (Asteroids are explored in the Laboratory Project on page 659.) (b) At what points is the tangent horizontal or...
At what points on the curve x = t3 + 4t, y = 6t2 is the tangent parallel to the line with equations x = 7t, y = 12t 5?
Find equations of the tangents to the curve x = 3t2 + 1, y = 2t3 + 1 that pass through the point (4, 3).
7 . 4 3 Buy - side vs . sell - side analysts' earnings forecasts. Refer to the Financial Analysts Journal ( July / August 2 0 0 8 ) study of earnings forecasts of buy - side and sell - side analysts,...
Bond P is a premium bond with a coupon of 8.6 percent , a YTM of 7.35 percent, and 15 years to maturity. Bond D is a discount bond with a coupon of 8.6 percent, a YTM of 10.35 percent, and also 15...
QUESTION 2 (25 MARKS) The draft financial statements of Sirius Bhd, Vega Bhd, Rigel Bhd and Capella for the year ended 31 December 2018 are as follows: Statement of Profit or Loss for the year ended...

If the marginal cost function for x units of a product is MC=1+3 ln (x+1) dollars per

Question:

Step by Step Answer:

So C x 2x3x1 in x1K C0 100 Give...View the full answer

Mathematical Applications for the Management Life and Social Sciences

Students also viewed these Calculus questions