Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 16, 2024

The total cost (in dollars) of producing a coffee machines is C(x)=2400+40x 0.2x. - (A) Find the exact cost of producing the 21st machine.

The total cost (in dollars) of producing a coffee machines is C(x)=2400+40x 0.2x. - (A) Find the exact cost of producing the 21st machine. Exact cost of 21st machine = (B) Use marginal cost to approximate the cost of producing the 21st machine. Approx. cost of 21st machine =

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

An Introduction to Analysis

Authors: William R. Wade

4th edition

132296381, 978-0132296380

More Books

Students also viewed these Mathematics questions

Question

As an employer, it's important to identify office safety hazards and create a safe workplace. Sometimes, injuries happen at workplace. Occasionally, the injury is caused by the employer and the...

Answered: 1 week ago

Question

★★★★★

Lucas and Sara are preparing for their upcoming wedding in May. Because they have both taken Math 107, and they have limited income, they understand the importance of budgeting. They decided to track...

Answered: 1 week ago

Question

★★★★★

Insurance companies charge young male drivers much higher rates until they get to be 25. Discuss your understanding why that should or should not be the case!

Answered: 1 week ago

Question

★★★★★

Soft Glow, Inc. manufactures light bulbs. Their purchasing policy requires that the purchasing agents place each quarter's purchasing requirements out for bid. This is because the Purchasing...

Answered: 1 week ago

Question

★★★★★

Classify each of the following costs as fixed or variable: a. Thread used by a garment manufacturer b. Property tax on a manufacturing facility c. Yearly salaries paid to sales staff d. Gasoline used...

Answered: 1 week ago

Question

★★★★★

Use the rules for derivatives to find the derivative of each function defined as follows. y = -4x -3

Answered: 1 week ago

Question

★★★★★

=+6 Why is there no term for Q4?

Answered: 1 week ago

Question

★★★★★

In auditing Train Company, you obtain directly from the bank Trains bank statement, canceled checks, and other memoranda which relate to the companys bank account for December 2016. In reconciling...

Answered: 1 week ago

Question

★★★★★

Fast Track Co. had 150,000 shares of common stock outstanding on January 17 2013. On April 14 the company performed a 2-for-1 stock split and on September 1* the company issued 60,000 common shares...

Answered: 1 week ago

Question

★★★★★

Required Use the following information to prepare a multistep income statement and a classified balance sheet for Eller Equipment Company for Year 1. (Hint: Some of the items will not appear on...

Answered: 1 week ago

Question

★★★★★

Scenario Larry, the head of Marketing has heard about you. And at TNH Tires, like much of the rest of the world, the reward for good work is more work. Larry: Thank you so much for making time for...

Answered: 1 week ago

Question

★★★★★

Pick a resource and data set that CloudWatch monitors and collects. How would the use of CloudWatch make a difference in your cloud maintenance? How will you use the data gathered by CloudWatch? Will...

Answered: 1 week ago

Question

★★★★★

What is the overhead application rate per direct labor hour? * (1 Point) BREAD Co. uses a job order costing system. At the beginning of January, the company had 2 jobs in process with the following...

Answered: 1 week ago

Question

★★★★★

Feedback Print A 5 nC charge is located at the origin. What are the electric fields at the positions A = (10 cm, 0 cm), B = (-10 cm, 10 cm), and C = (-10 cm, -10 cm)? Write each electric field vector...

Answered: 1 week ago

Question

★★★★★

A History Achievement Test out of 80 points is administered to a Grade 10 class of 30 students. Their scores are randomly listed below. 78 46 61 49 58 61 64 58 55 80 40 52 78 55 63 55 49 59 64 58 53...

Answered: 1 week ago

Question

★★★★★

Common -size and trend percent's for Rusty nail Company's sales, cost of goods sold, and expenses follow. Determine the net income for the following years. {Enter all amounts as positive values.) Did...

Answered: 1 week ago

Question

★★★★★

During the year land was revalued and the surplus reported as Revaluation surplus; and an asset costing 80,000, written down to 38,000, was sold for 40,000. Identify the cost of any non-current...

Answered: 1 week ago

Question

★★★★★

17. Each time a machine is repaired it remains up for an exponentially distributed time with rate . It then fails, and its failure is either of two types. If it is a type 1 failure, then the time to...

Answered: 1 week ago

Question

★★★★★

23. A job shop consists of three machines and two repairmen. The amount of time a machine works before breaking down is exponentially distributed with mean 10. If the amount of time it takes a single...

Answered: 1 week ago

Question

★★★★★

16. The following problem arises in molecular biology. The surface of a bacterium consists of several sites at which foreign moleculessome acceptable and some notbecome attached. We consider a...

Answered: 1 week ago

Previous Question Next Question