Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The total cost(in dollars) of manufacturing x auto body frames is C(x)=50,000+400x. (A) Find the average cost per unit if 400 frames are produced. (B)

The total cost(in dollars) of manufacturing x auto body frames is

C(x)=50,000+400x.

(A) Find the average cost per unit if

400

frames are produced.

(B) Find the marginal average cost at a production level of

400

units.

(C) Use the results from parts(A) and(B) to estimate the average cost per frame if

401

frames are produced.

The total cost(in dollars) of producing x food processors is

C(x)=2300+50x0.1x2.

(A) Find the exact cost of producing the

91st

food processor.

(B) Use the marginal cost to approximate the cost of producing the

91st

food processor.

The total cost(in dollars) of producing x food processors is

C(x)=2300+50x0.1x2.

(A) Find the exact cost of producing the

91st

food processor.

(B) Use the marginal cost to approximate the cost of producing the

91st

food processor.

The profit(in dollars) from the sale of x lawn mowers is

P(x)=40x0.04x2650.

(A) Find the average profit per mower if

50

mowers are produced.

(B) Find the marginal average profit at a production level of

50

mowers, and interpret the results.

(C) Use the results from parts(A) and(B) to estimate the average profit per mower if

51

mowers are produced.

The price p(in dollars) and the demand x for a particular clock radio are related by the equation

x=500050p.

(A) Express the price p in terms of the demandx, and find the domain of this function.

(B) Find the revenueR(x) from the sale of x clock radios. What is the domain ofR?

(C) Find the marginal revenue at a production level of

4600

clock radios.

(D) Interpret

R(4800)=92.00.

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

Theory And Applications Of Partial Functional Differential Equations

Authors: Abrar A Khan

1st Edition

9353141915, 9789353141912

More Books

Students also viewed these Mathematics questions