A firms marginal cost function is MC = 3q 2 +4q +6. Find the total cost function

Question:

A firm’s marginal cost function is MC = 3q² +4q +6. Find the total cost function if the fixed costs are 200.

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

Step by Step Answer:

Related Book For book-img-for-question

Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

See More Books

Question Posted: Apr 04, 2023 01:08 AM

See More Questions

Suppose that the demand curve for a product x provided by a monopolist is given by p = 90x and suppose further that the monopolists marginal cost curve is given by MC = x. A: In this part, we will...
A competitive firm has the following short-run cost function: c(y) = y3 8y2 + 30y + 5. (a) The firms marginal cost function is ___________. (b) The firms average variable cost function is...
We investigated different ways that you can price the use of amusement park rides in a place like Disneyland. We now return to this example. Assume throughout that consumers are never at a corner...
A man drops a stone from a high bridge and hears it strike the water below exactly 4 s later. (a) Estimate the distance to the water based on the assumption that the travel time for the sound to...
A shipment of pins contains 25 good ones and 2 defective ones. At the receiving department, an inspector picks three pins at random and tests them. If any defective pin is found among the three that...
EXERCISE 11-10 Cost-Volume-Profit Analysis and Return on investment (RON) LO11-1 Posters.com is a small Internet retailer of high-quality posters. The company has $1,000,000 in operating assets and...
Do the bank balance as per cash book and bank balance as per pass book normally agree? Explain stating at least five reasons.
Munger.Com began operations on January 1, 2006. The company reports the following information about its investments at December 31, 2006: Required: a. Show how each of these investments are reported...
A long-term investment technique used by investors to purchase stock directly from a corporation without paying a commission to a broker is called:
Find an antiderivative F(x) with F'(x) = f(x) and F(0) = 0. Is there only one possible solution? f(x) = e x
The marginal revenue function of a monopolistic producer is MR = 20 4q. (a) Find the total revenue function. (b) Find the corresponding demand curve.
The records of Denna Corporation show the following bank statement information for December: a. Bank balance, December 31, 2003, $87,450 b. Service charges for December, $50 c. Rent collected by...
Letf(x) =?x. If the rate of change of f at x= c is twice its rate of change at x=1,then find the value of c?
1. What is DBMS and what is its utility? Explain RDBMS with examples. 2. What is a Database? 3. Mention the issues with traditional file-based systems that make DBMS a better choice 4. Explain a few...
Describe the bulls-eye model. What does it say about policy in the InfoSec program?
On January 1, 2018, Khalid Ltd., which follows IAS 17, entered into an eight-year lease agreement for three dryers. Annual lease payments for the equipment are $28,500 at the beginning of each lease...
Use logarithmic differentiation to differentiate the following functions. f(x) = ex+(x + 1)x
Use logarithmic differentiation to differentiate the following functions. f(x) = xx + 1(x + 2x + 3) 4x
Use logarithmic differentiation to differentiate the following functions. f(x) = Xex V-3 x + 3
You are evaluating a new project for the firm you work for, a publicly listed firm. The firm typically finances new projects using the same mix of financing as in its capital structure, but this...
state, "The subscription price during a rights offering is normally r; lower ; lower r; higher er; higher than the rights-on price and
Arnold inc. is considering a proposal to manufacture high end protein bars used as food supplements by body builders. The project requires an upfront investment into equipment of $1.4 million. This...

A firms marginal cost function is MC = 3q 2 +4q +6. Find the total cost function

Question:

Step by Step Answer:

The marginal cost MC is given by differentiating the tot...View the full answer

Applied Calculus

Students also viewed these Mathematics questions