Question: The cost to produce q items is C(q) = 1000 + 2q 2 dollars. Find the marginal cost of producing the 25 th item. Interpret

The cost to produce q items is C(q) = 1000 + 2q² dollars. Find the marginal cost of producing the 25^th item. Interpret your answer in terms of costs.

Step by Step Solution

★★★★★

3.55 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

The marginal cost of producing the 25th i... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Applied Calculus Questions!

The total cost in dollars to produce q units of a product is C(q). Fixed costs are $20,000. The marginal cost is C'(q) = 0.005q 2 q + 56. (a) On a graph of C'(q), illustrate graphically the total...

The cost of recycling q tons of paper is given in the following table. Estimate the marginal cost at q = 2000. Give units and interpret your answer in terms of cost. At approximately what production...

3.1 question 18 Current Attempt In Progress Your answer is partially correct. The cost to produce q items is C(q) = 1400 + 5q dollars. Find the marginal cost of producing the 12th item. Interpret...

0 Question 1 [3 0/1 pt '0 3 23 99 (9 Details The total cost, in dollars, to produce q items is given by the function C(q) = 56,000 + 21.40q . Find the total cost of producing 600 items. 5 Find the...

Find the average rate of change of 3(x) = 4x3 + 5 from 7 4 to x = 3 = = 3 8 = Find the average rate of change of g(x) = 80% + + 8.73 on the interval (-4,3] = Find the average rate of change of f(x) =...

answer the following qurstions (3) Appalled by the answer to the previous questions, you set your scientists to work again. They concoct another breakthrough technology that raises medical...

9. [1/3 Points] DETAILS PREVIOUS ANSWERS HARMATHAP12 9.6.038. The revenue in dollars from the sale of x units of a product is represented by the following formula. (Round your answers to the nearest...

Case 5 The Butterfield Case URANCE PLANNING MINI-CASE John Butterfield, 49, and his wife Haley Butterfield, 44, live in a relatively new home on the outskirts of Anycity, Anystate. They have been...

Week 1 Quiz 1hr49mins X Progres Score: 1.9/63 /16 answer VO . . . Question 10 The total cost, in dollars, to produce q items is given by the function C(q) = 48, 000 + 22.20q . Find the total cost of...

econimcs 36574 (3) Appalled by the answer to the previous questions, you set your scientists to work again. They concoct another breakthrough technology that raises medical expenditures without...

The authors of the paper Myeloma in Patients Younger than Age 50 Years Presents with More Favorable Features and Shows Better Survival (Blood [2008]: 40394047) studied patients who had been diagnosed...

An automobile manufacturer finds that 1 in every 2500 automobiles produced has a particular manufacturing defect. (a) Use a binomial distribution to find the probability of finding 4 cars with the...

2 . Below are Libby Boxes related to OceanVista's goal of providing more extensive specialized services. Boxes \ # 1 - 2 represent constructs, boxes \ # 3 - 4 represent proxy measures, box \ # 5 is a...

Compute the Return on Investment (ROI) [LO1] Tundra Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil field in Alaska. Data...

In 2004, unemployment rates in the 50 U.S. states were reported as follows. These data are also provided in the file XR02058. a. Construct a stem-and-leaf display for these data. b. Construct a...

During 2001, sales of new, privately owned homes in the total United States and in the western states were broken down into price categories as follows: Convert these data to relative frequency...

The following stem-and-leaf output has been generated by Minitab. The data consist of three-digit integers. a. From this display, is it possible to determine the exact values in the original data? If...

12) Angle Max Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next year's expected costs and activities are shown below....

John took out a 14-year loan for $97,656 from his local bank at an annual rate of 3.5%. If he plans to make weekly payments, how much will each payment be? Round your answer to the nearest dollar.

Only missing the balance in the income summary and the value and category of the lower left corner. The ledger of Carla Vista Company contains the following balances: Owner's Capital \$29,700,...