FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

please help me understanf Show your work. Clearly identify your answer. Justify every step. 1. (5 points) C(x) = 0.02x2 + 10x + 1800 gives

image text in transcribed

please help me understanf

image text in transcribed
Show your work. Clearly identify your answer. Justify every step. 1. (5 points) C(x) = 0.02x2 + 10x + 1800 gives the cost, in thousands of dollars, to produce r thousand items. (a) Find a formula for the marginal cost. (b) Find and simplify C'(300). Use at least one sentence to describe what this number represents? Include units in your description

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

blur-text-image_2

Step: 3

blur-text-image_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

Smooth Manifolds
Smooth Manifolds

Authors: Rajnikant Sinha

1st Edition

8132221044, 9788132221043

More Books

Students explore these related Mathematics questions

Question

Jaren Industries is evaluating investing in solar panels to provide some of the electrical needs of its main office building in Phoenix, Arizona. The solar panel project would cost $500,000 and would...

Answered: 3 weeks ago

Question

Silicone oils, such as H 3 C[SiO(CH 3 ) 2 ] n Si(CH 3 ), are used in water repellents for treating tents, hiking boots, and similar items. Explain how silicone oils function.

Answered: 3 weeks ago

Question

The density of a random variable X is given by Derive the density function of the random variables Y = Xa and Z = eX, where a is a given positive real number. f(x)= { 1, 0, 0 x1, elsewhere.

Answered: 3 weeks ago

Question

Coakwell Company worked on only two jobs during May. Information on the jobs is given below: At the beginning of the year, annual manufacturing overhead (MOH) was budgeted at $3,780,000 and Coakwell...

Answered: 3 weeks ago

Question

Problem 2 2 - 6 AA ( Algo ) Merchandising: Preparation of cash budgets ( for three periods ) LO P 4 Oneida Company's operations began in August. August sales were $ 1 7 0 , 0 0 0 and purchases were $...

Answered: 3 weeks ago

Question

Please answer question 1 (a,b,c,d) and question 2 MASTER BUDGET FACTS AND FIGURES: You have just been hired as a management trainee by Benjamins Fashions, a nationwide distributor of a designer's...

Answered: 3 weeks ago

Question

1)Jack works for a polymer firm that has developed a new insulation material that has the potential to make newly constructed homes more energy efficient. He is asked to develop a voice of the...

Answered: 3 weeks ago

Question

BPR always involves automation. Group of answer choices True False

Answered: 3 weeks ago

Question

P.14 A clinic specializes in shoulder injuries. A patient is randomly selected from the population of all clinic clients. Let S be the number of doctor visits for shoulder problems in the past six...

Answered: 3 weeks ago

Question

You have decided to take your experience working with Jones Surf Shop and Pacific Surfboard and start a consulting firm of your own. Your first client is Playtime, inc. Playtime's primary business is...

Answered: 3 weeks ago

Question

Delcom ltd is planning to introduce a new product. Market research information suggest that the product should sell 100,000 units over its lifecycle at a price of Ksh 420 per unit. The company seeks...

Answered: 3 weeks ago

Question

> Question 7 1 pts For questions 7 to 8, suppose the prevailing market price is p = $80. Question 7. How many gizmos should the firm produce to maximize profit? Note: Recall that profit maximization...

Answered: 3 weeks ago

Question

Calculating overhead rates. The Davidoff & Lee Company uses the direct labor costs basis in establishing overhead rates for its producing departments. For the year 19X6, the company estimates the...

Answered: 3 weeks ago

Question

Calculating overhead rates. Assume the same facts as in Exercise 4, except that the Davidoff & Lee Company uses the direct labor hours basis for overhead rates. Determine the rates for the year if...

Answered: 3 weeks ago

Question

Calculating overhead rates. Job 750 calls for 1,200 units to be produced. The estimate of manufacturing overhead for the year for the Cutting Department is $32,000. The company expects that direct...

Answered: 3 weeks ago

Previous Question Next Question