Question
The cost of controlling emissions at a firm rises rapidly as theamount of emissions reduced increases. Here is a possiblemodel: C ( q )= 1,400
The cost of controlling emissions at a firm rises rapidly as theamount of emissions reduced increases. Here is a possiblemodel:
C(q)= 1,400 + 190q2
where q is the reduction in emissions (inpounds of pollutant per day) and C is the dailycost to the firm (in dollars) of this reduction. What level ofreduction corresponds to the lowest average cost per pound ofpollutant? (Round your answer to two decimal places.)
a) ____________ pounds of pollutant per day
What would be the resulting average cost to the nearestdollar?
b)____________ per pound
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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