Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 27, 2021

Given marginal cost function Mc=100+0.004q Calculate the marginal cost of production At 2500 5000 7500 Units of production

Given marginal cost function

Mc=100+0.004q

Calculate the marginal cost of production

2500
5000
7500

Units of production

Step by Step Solution

★★★★★

3.37 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

Solution Mc 1000004q Given Marginal production costs ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: Kurt Heisinger, Joe Ben Hoyle

2nd edition

1453375723, 1453375724, 978-1453375716

More Books

Students also viewed these Economics questions

Question

★★★★★

For a particular item the usage is 2000 units per year, the ordering cost is $10, the inventory carrying cost is 20% and the unit cost is $5. The economic order quantity is (stated in unit): 20 units...

Answered: 1 week ago

Question

★★★★★

The included spreadsheet titled Assignment2Data.xlsx contains data on the costs for a sample of small agri-businesses in Kansas. Use it to answer the following questions. The table shows each farms...

Answered: 1 week ago

Question

★★★★★

What are the three stages of production at Coca-Cola, and what account is used to track production costs for each stage?

Answered: 1 week ago

Question

★★★★★

ME-1" Ltd. acquired 80% equity shares of You-2nd Ltd. on 30/04/2020 for a cost of GHS60,000. At that time the general reserves were GHe6,000 respectively.

Answered: 1 week ago

Question

★★★★★

Again suppose that this diagram represents the market for agricultural products and that supply has increased from S0 to S1. To aid farmers, the federal government decides to stabilize the price at...

Answered: 1 week ago

Question

★★★★★

For the following exercises, find the length of side x. Round to the nearest tenth. 25 6 120 X

Answered: 1 week ago

Question

★★★★★

2. Prevent fights by avoiding crowded work spaces.

Answered: 1 week ago

Question

★★★★★

On January 1, 2013, Hi and Lois Company purchased 13% bonds, having a maturity value of $510,100, for $568,109.95. The bonds provide the bondholders with a 10% yield. They are dated January 1, 2013,...

Answered: 1 week ago

Question

★★★★★

Mills Inc. has 112,300 shares of common stock authorized, 56,664 shares issued, and 9,991 shares of treasury stock. Mills declares a dividend of $1.46 per share. By declaring this dividend, retained...

Answered: 1 week ago

Question

★★★★★

Bradley, age 26, recently graduated from college. He had coverage earlier as a dependent under his father's group health insurance policy, which provided coverage for him to age 26. However, he has...

Answered: 1 week ago

Question

★★★★★

Problem #10: A Im long horizontal beam, under some external force, has its deflection in meters given by the function: y(x) = 14x4 - 21x3+ 7x, 0

Answered: 1 week ago

Question

★★★★★

Given the evolving nature of cyber threats, how do you ensure that your knowledge stays current? In a rapidly changing digital landscape, staying informed about the latest cybersecurity trends is...

Answered: 1 week ago

Question

★★★★★

The student performed a specific heat capacity measurement of the same unknown fluid sample using the DSC and followed the Three-Run Method. They performed the heat flow calibration prior to their...

Answered: 1 week ago

Question

★★★★★

Excel caculation on cascade mental health clinic

Answered: 1 week ago

Question

★★★★★

Linear Approximation and Differentials: (1 point) Estimate Af using the Linear Approximation and use a calculator to compute both the e f(x) = 3+x. Af a = 1. Ax=1 With these calculations, we have...

Answered: 1 week ago

Question

★★★★★

A business should invest in information security to protect their sensitive data, and maintain customer trust, and also because of information security the business avoids financial losses due to...

Answered: 1 week ago

Question

★★★★★

can someone help with this python problems 2.10 Exercises Exercise 21. Routing wow should try it out in internet from the pric dan e w ter amefan u s Wer thels - 42 is legal What about 2-a? 2.10....

Answered: 1 week ago

Question

★★★★★

What is your opinion of advertising awards, such as the Cannes Lions, that are based solely on creativity? If you were a marketer looking for an agency, would you take these creative awards into...

Answered: 1 week ago

Question

★★★★★

Brenner Company expects to incur $3,000,000 in manufacturing overhead costs this year. During the year, it expects to use 50,000 direct labor hours at a cost of $600,000 and 80,000 machine hours....

Answered: 1 week ago

Question

★★★★★

Why is it important for movie studios to have accurate costs for each movie produced?

Answered: 1 week ago

Question

★★★★★

Dirt Bikes, Inc., produces custom motorized dirt bikes. Each dirt bike is built to customer specifications. During April, its first month of operations, Dirt Bikes began production of three customer...

Answered: 1 week ago

Question

★★★★★

The random variable X is normally distributed with unknown mean ji and known variance

Answered: 1 week ago

Question

★★★★★

Discuss: The Bayesian approach to statistics can be thought of as an exten sion of the classical approach.

Answered: 1 week ago

Question

★★★★★

Prove that the posterior odds ratio of one hypothesis to another is equal to the product of the prior odds ratio and the likelihood ratio.

Answered: 1 week ago

Previous Question Next Question