The marginal average cost of producing x smart watches is given by where C (x) is the
Question:
The marginal average cost of producing x smart watches is given by
where C ̅(x) is the average cost in dollars. Find the average cost function and the cost function. What are the fixed costs?
Transcribed Image Text:
5,000 C'(x): C(100) = 250
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
To find the average cost function we can integrate the marginal av...View the full answer
Answered By
BillClinton Muguai
I have been a tutor for the past 5 years. I have experience working with students in a variety of subject areas, including computer science, math, science, English, and history. I have also worked with students of all ages, from elementary school to college. In addition to my tutoring experience, I have a degree in education from a top university. This has given me a strong foundation in child development and learning theories, which I use to inform my tutoring practices.
I am patient and adaptable, and I work to create a positive and supportive learning environment for my students. I believe that all students have the ability to succeed, and it is my job to help them find and develop their strengths. I am confident in my ability to tutor students and help them achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted:
Students also viewed these Mathematics questions
-
What are budgeted fixed costs at normal volume?
-
The average cost of producing x units of a product is C 600ex/600 dollars per unit. What is the marginal cost when 600 units are produced?
-
The cost of producing x smart phones is C(x) = x2 + 400x +2000. (a) Use C(x) to find the average cost of producing 1000 smart phones. (b) Find the average value of the cost function C(x) over the...
-
How could sales force automation affect salesperson productivity, marketing management, and competitive advantage?
-
Define original issue discount (OID). Under what circumstances are the OID rules applied?
-
In each of the following cases, determine whether the sample size n is large enough to say that the sampling distribution of p is a normal distribution. a. p = .4, n = 100 b. p =.1, n =10 c. p =.1, n...
-
The Brayton cycle shown in Figure P16.61 is the idealized cycle for a gas turbine or jet engine. Consider an engine using the Brayton cycle that operates on 0.070 mol of ideal gas between the...
-
The following information comes from the General Fund trial balance of West Chester County as of December 31, 2012. Prepare the countys General Fund statement of revenues, expenditures, and changes...
-
Interest During Construction Dexter Construction Corporation is building a student condominium complex; it started construction on January 1, Year 1. Dexter borrowed $1 million specifically for the...
-
An instructor for a test preparation course claims that the course will improve the test scores of students. The table shows the critical reading scores for 14 students the first two times they took...
-
A company is trying to expose a new product to as many people as possible through TV ads. Suppose that the rate of exposure to new people is proportional to the number of those who have not seen the...
-
The rate at which the total amount of money put into an advertising campaign is changing is given by A(t) where t is the number of days since the campaign began. What does represent? .7 A'(t) dt
-
In Problems 29 through 34, transform the given differential equation to find a nontrivial solution such that x(0) = 0. tx" + (4t - 2)x' + (13t - 4)x = 0
-
Companies that engage international business do so in pursuit of a broad range of goals. Nonetheless, the text identifies key drivers, noting that the typical company expands operations...
-
How do lifestyle changes, such as urbanization or an aging population, affect consumer needs and preferences in our industry?
-
Verify that the following general thermodynamic property relationships are valid for the specific case of an ideal gas: (a) T = au (b) P = -9) av
-
Performance management systems that do not make true contribution to the organizational goals are not true performance management systems. List and describe at least five contributions a good...
-
How do cognitive biases, such as confirmation bias and anchoring, influence strategic decision-making processes at the executive level, and what measures can be implemented to mitigate their impact ?
-
Why is the lower of cost and net realisable value rule required by accounting standards? Is it permissible to revalue inventories upwards? If so, when? Are there any limits to revaluation?
-
1. Following are information about Alhadaf Co. Cost incurred Inventory Purchases Sales Adverting expense Salary Expense Depreciation Beginning Inventory Ending Inventory Amount 118,000 350.000 90,000...
-
In Problem, graph the equations in the same coordinate system. Find the coordinates of any points where two or more lines intersect and discuss the nature of the solution set. 2x + 3y = 18 2x - 6y =...
-
Repeat Problem 55 for the following systems: (A) 6x - 5y = 10 -13x + lly = -20 (B) 6x - 5y = 10 -13x + lOy = 20 (C) 6x - 5y = 10 -12x + lOy = -20
-
Suppose that the supply and demand for printed baseball caps for a particular week are Price-supply equation Price-demand equation where p is the price in dollars and q is the quantity in hundreds....
-
i need help in B and C Integrative Case 5-72 (Algo) Cost Estimation, CVP Analysis, and Decision Making (LO 5-4.5.9) Luke Corporation produces a variety of products, each within their own division....
-
Relate PSA (Public Securities Association) speed to the average life of a MBS. Describe the PSA measure and discuss which MBS would have the greater average life, one with a PSA of 100 or one with a...
-
Which of the following statement about swaps is least accurate? A. In a plain vanilla interest rate swap, the notional principal is swapped. B. The default problem [i.e. default risk] is the most...
Study smarter with the SolutionInn App