Consider the following cost function.
A. Find the average cost and marginal cost functions.
B. Determine the average and marginal cost when x = a.
C. Interpret the values obtained in part​ (b).
C(x) = 1000 + 0.1x, 0 ≤ x ≤ 50000 ≤ x ≤ 5000, a = 2000

Answers

Answer 1

Answer:

a)Average cost function =[tex]\bar{C(x)}=\frac{1000+0.1x}{x}[/tex]

Marginal cost function =[tex]C'x=0.1[/tex]

b) [tex]\bar{C(2000)}=0.6[/tex]

[tex]C'(2000)=0.1[/tex]

c)[tex]\bar{C(2000)}=0.6[/tex] is the average cost to produce first 2000 items

C'(2000)=0.1 is the marginal cost to produce 2001 th item

Step-by-step explanation:

Cost function: [tex]C(x) = 1000 + 0.1x[/tex]

a)Find the average cost and marginal cost functions.

Average cost function =[tex]\bar{C(x)}=\frac{C(x)}{x}[/tex]

Average cost function =[tex]\bar{C(x)}=\frac{1000+0.1x}{x}[/tex]

Marginal cost function =[tex]C'x=0.1[/tex]

b) Determine the average and marginal cost when x = a.

a = 2000

Average cost function =[tex]\bar{C(x)}=\frac{1000+0.1x}{x}=\frac{1000+0.1a}{a}=\frac{1000+0.1(2000)}{2000}=0.6[/tex]

So, [tex]\bar{C(2000)}=0.6[/tex]

Marginal cost function =[tex]C'(2000)=0.1[/tex]

c)Interpret the values obtained in part​ (b).

[tex]\bar{C(2000)}=0.6[/tex] is the average cost to produce first 2000 items

C'(2000)=0.1 is the marginal cost to produce 2001 th item


Related Questions

List and describe the characteristics of a wave

Answers

Answer:

Crest = Highest point of the wave.

Trough = Lowest point of the wave.

Wavelength = Distance from one crest/trough to the next (m)

Wave Height = Height from trough to crest (m)

Wave steepness = ratio of wave height to wavelength.

Amplitude = distance from the centre of wave to the bottom of the trough (m)

Step-by-step explanation:

marcos is making three tile pictures.​

Answers

Answer: 360

Step-by-step explanation:

310 + 50 = 360

Answer:

1710

Step-by-step explanation:

310 x 3 = 930

260 x 3 = 780

930 + 780 = 1710

–8(n + 7) >-96??????????????

Answers

Answer:

D) n<5

Step-by-step explanation:

Sandra sets the cruise control in her car to 67 miles per hour when she goes on road trips. Which equation can be used to find how many hours, h, it will take her to drive m miles at her constant speed?

Answers

Answer:

A. [tex]\frac{m}{65} = h[/tex]  

I hope this helps!

A simple random sample of 100 men is chosen form a population with mean height 71 in and standard deviation 2.5 in. What is the probability that the average height of the men in the sample is less than 70.5in?

Answers

Answer:

2.28%

Step-by-step explanation:

The z score is used to determine how many standard deviations that the raw score is above or below the mean. If the z score is positive then the raw score is above the mean and if it is negative then it is below the mean. It is given by:

[tex]z=\frac{x-\mu}{\sigma}\\ \\\mu = mean, \sigma=standard\ deviation,x=raw\ score\\\\For\ a\ sample\ n\\\\z=\frac{x-\mu}{\sigma/\sqrt{n} }\\\\For\ x<70.5\ in\\\\Given \ that\ n=100, \mu=71\ in, \sigma=2.5\ in\\\\z=\frac{70.5-71}{2.5/\sqrt{100} }=-2\\\\From\ normal\ distribution\ table, P(x<70.5)=P(z<-2)=0.0228=2.28\%[/tex]

Sub to SZ Lexrn if that does not show search up shiyo on vr and first vid is them please help out , thx bye . If you do it cmt and ill make a post for yall for 100 points, please bro..

Answers

Answer:

Ooooook?

Step-by-step explanation:

Fine

Of 1000 randomly selected cases of lung cancer, 838 resulted in death within 10 years. Construct a 95% two-sided confidence interval on the death rate from lung cancer. (a) Construct a 95% two-sided confidence interval on the death rate from lung cancer. Round your answers to 3 decimal places. (b) Using the point estimate of p obtained from the preliminary sample, what sample size is needed to be 95% confident that the error in estimating the true value of p is less than 0.03

Answers

Answer:

0.8152 ≤ p ≤ 0.8608

579

Step-by-step explanation:

Given the following :

Samples size n = 1000

Deaths within 10 years, p = 838

α = 95%

Construction a two way confidence interval:

p ± Zα/2 * √p(1-p) / n

point estimate p = 838/n = 838/1000 = 0.838

Z0.05/2 = Z0.025 = 1.96

0.838 - 1.96√0.838(1-0.838) / 1000

0.838 - 1.96*0.0116514 = 0.8152

0.838 + 1.96√0.838(1-0.838) / 1000

0.838 + 1.96*0.0116514 = 0.8608

0.8152 ≤ p ≤ 0.8608

b) Using the point estimate of p obtained from the preliminary sample, what sample size is needed to be 95% confident that the error in estimating the true value of p is less than 0.03

Error (E) = 0.03

To find the samome size, use the relation:

n = (Zα/2 / E)² * p(1-p)

n = (1.96/0.03)² * 0.838(1-0.838)

n = (1.96/0.03)² * 0.838 * 0.162

n = 4268.4444 * 0.838 * 0.162

n = 579.46

n = 579

The Complex Conjugate of 2 + 5i is equal to: _______+_________i

Answers

Answer:

2 - 5i

Step-by-step explanation:

For any complex number like say "z" written in rectangular form as;

z = a + ib, then from definitions the complex conjugate is given by the relation:

z* = a − ib

Now, from our question, we want to find the complex conjugate of 2 + 5i.

From the relationship above, it's clear that the complex conjugate here is;

2 - 5i

can you write an equivalent fraction for 9/11 and 6/7 using the least common denominator ?

Answers

Answer:

The least common denominator is 77 so the fractions would become 63/77 and 66/77.

The average of the first 3 weights was 14 pounds. The average of the next 7 was 4 pounds. What was the overall average of the weights?

Answers

Answer:

[tex]Average = 10[/tex]

Step-by-step explanation:

Given

[tex]First\ Three = 14[/tex] --- Average

[tex]Next\ Seven= 4[/tex] --- Average

Required

Determine the overall average

Represent the sum of the first three with x.

So:

[tex]\frac{x}{3} = 14[/tex]

Solve for x

[tex]x = 14 * 3[/tex]

[tex]x = 42[/tex]

Represent the sum of the next seven with y.

So:

[tex]\frac{y}{7} = 4[/tex]

Solve for y

[tex]y = 4 * 7[/tex]

[tex]y = 28[/tex]

The overall average is calculated as thus:

[tex]Average = \frac{x + y}{7}[/tex]

[tex]Average = \frac{42 + 28}{7}[/tex]

[tex]Average = \frac{70}{7}[/tex]

[tex]Average = 10[/tex]

Solve the inequality. Graph the solution. -4s<6s +1

Answers

Answer:

Step-by-step explanation:

First solve the inequality by writing it.

-4s < 6s + 1

Now subtract -1 on both sides.

-4s - 1 < 6s

Now add 4s on both sides to combine like terms.

-1 < 10s

Now divide 10 on both sides.

-0.1 < s

Now flip it over properly.

s > -0.1

Hope this helped! <3

The average customer for a certain utility company pays $120 per month for utilities. The company plans to decrease utility bills by 3% each year for the next five years. Which of the following can be used to determine the total amount an average customer will pay for utilities during the next five years? an arithmetic series a geometric series a series that is neither arithmetic nor geometric a series that is both arithmetic and geometric
an arithmetic series
a geometric series
a series that is neither arithmetic nor geometric
a series that is both arithmetic and geometric

Answers

Answer:

a geometric series

Step-by-step explanation:


a) how would you work out 4 1/3 x 6?

Answers

I think you would work it by timing the 6 and 4

The solution of the expression 4¹/₃ x 6 will be 26.

What is an expression?

The mathematical expression combines numerical variables and operations denoted by addition, subtraction, multiplication, and division signs.

Mathematical symbols can be used to represent numbers (constants), variables, operations, functions, brackets, punctuation, and grouping. They can also denote the logical syntax's operation order and other properties.

Given that the expression is 4¹/₃ x 6. The expression of multiplication will be solved as below,

E =  4¹/₃ x 6

E = ( 13 / 3 0 x 6

E = 13 x 2

E = 26

Hence, the solution will be 26.

To know more about an expression follow

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1. which group weighed the most per item on the scale? how much did it weigh?

which group weighed the least per item on the scale? how much did it weigh?

And also complete the table.

Please help it is due right now ASAP​

Answers

Answer:

cars weighed the most per item and desks the least

Lauren is running for president of the student government at UTD. The proportion of voters who favor Lauren is 0.8. A simple random sample of 100 voters is taken. What are the expected value, standard deviation, and shape of the sampling distribution of proportion (, respectively?

Answers

Answer:

 [tex]\mu_{x} = 0.8[/tex]

   [tex]\sigma  =  0.095  [/tex]  

  The shape of this sampling distribution is approximately normal

Step-by-step explanation:

From the question we are told that

  The population proportion is [tex]p = 0.8[/tex]

  The sample size is  n = 100

   

Generally the expected value of this sampling distribution is mathematically represented as

          [tex]\mu_{x} = p = 0.8[/tex]

Generally the standard deviation of this sampling distribution is mathematically represented as

    [tex]\sigma  =  \sqrt{ \frac{p(1- p )}{n } } [/tex]

=>  [tex]\sigma  =  \sqrt{ \frac{0.8 (1- 0.8 )}{100 } } [/tex]    

=>  [tex]\sigma  =  0.095  [/tex]      

Generally given that the sample is  large (i.e  n  >  30 ) and the standard deviation is finite then the shape of this sampling distribution is approximately normal

Use the number line below, where RS=9y+2, ST=2y+6, and RT= 52

Answers

Answer:

Step-by-step explanation:

Given

RS=9y+2, ST=2y+6, and RT= 52

The addition postulate is true for the number line.

RS+ST = RT

Substitute

9y+2+(2y+6) = 52

9y+2y+8 = 52

11y = 52-8

11y = 44

y = 44/11

y = 4

Find RS

RS = 9y+2

RS = 9(4)+2

RS = 36+2

RS = 38

Find ST:

ST = 2y+6

ST = 2(4)+6

ST = 8+6

ST = 14

Hence y = 4, RS = 38 and ST = 14

Quadrilateral EFGH is a scaled copy of quadrilateral ABCD. Select the true statement.

Answers

Answer:

segment EF is twice as long as segment AB

Step-by-step explanation:

Quadrilateral EFGH and quadrilateral ABCD are similar polygons. We can say that two polygons are similar if their corresponding angles are equal to each other and their corresponding sides are proportional to each other.

From the image attached, we can see that side CD and side GH are corresponding sides. The ratio of their sides are to be proportional.

GH / CD =  12 / 6 = 2

Therefore Quadrilateral EFGH is twice the size of Quadrilateral ABCD. Since side EF and side AB are proportional, therefore segment EF is twice as long as segment AB

What is the solution to the equation? √x - 3 + 1 = 6
A. 64
B. 46
C. 28
D. 22

Answers

The solution of the given equation √x - 3 + 1 = 6 will be x = 64 so option (A) will be correct.

What is the equation?

An equation can be defined in numerous ways. Algebraically speaking, an equation is a statement that shows the equality of two mathematical expressions.

For example 8x + 7y = 15.

Given the equation,

√x - 3 + 1 = 6

√x + (-3 + 1) = 6

√x - 2 = 6

√x = 6 + 2 = 8

By squaring

x = 8² = 64.

Hence "The solution of the given equation √x - 3 + 1 = 6 will be x = 64".

For more about the equation,

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Answer:the correct answer is C.28

Step-by-step explanation:

each friend received 5/4 of a pound of berries, how many friends are sharing berries?​

Answers

Answer:

2

Step-by-step explanation:

If 5 friends are sharing the berries, how many pounds of berries does each friend receive? Is the answer to 3/4 divided by 2/5 greater than or less than 1.

Maria needs 3/4 of a cup of sugar for one serving of her recipe. How many cups of sugar will she need for 5 servings?

Answers

Answer:

3.75 cups of sugar. I think

Answer:

3 3/4

Step-by-step explanation:

3/5 times 5

1.multiiply the numerator by 5

The numerator is the top number which is 3 in this case

So 3x5 is 15

You keep the denominator 4

so 15/4 that is an improper fraction now divide 15 by 4

or count by fours

4,8,12,16

16 is more than 15 so the new numerator is 12 and how many times did we count to fours? 3 times

so 3 is a whole now subtract the 12 you already took with 15. 3 is the extra so 3 wholes and 3 extras which is 3 3/4

*remember you keep the denominator the same

Is 1.994 greater or lesser than 1.493

Answers

Answer:

greater than

Step-by-step explanation:

1.994 is closer to 2 than 1.493 so it is greater!

Select all the possible (x,y) coordinates for the following linear equation y=3x+2

Answers

Answer:

x = 2/3

Step-by-step explanation:

To find x-intercept/zero, subtract y = 0

0 = 3x + 2

Move variable to the left-hand side and change its sign

-3 = 2

Divide both ides of the equation by - 3

x = - 2/3

Solution

x = - 2/3

Alternate form

x = - 0.6

Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. However, this is not always possible. An analysis of the amount of interest paid monthly by a bank's Visa cardholders reveals that the amount is normally distributed with a mean of 2525 dollars and a standard deviation of 88 dollars. (Round all decimals to at least 3 places.) (a) What proportion of the bank's Visa cardholders pay more than 2828 dollars in interest

Answers

Complete Question

Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. However, this is not always possible. An analysis of the amount of interest paid monthly by a bank's Visa cardholders reveals that the amount is normally distributed with a mean of 25 dollars and a standard deviation of 8 dollars. (Round all decimals to at least 3 places.) (a) What proportion of the bank's Visa cardholders pay more than 28 dollars in interest

Answer:

0.354

Step-by-step explanation:

We solve for z score in this question.

The formula is given as:

z = (x-μ)/σ, where

x is the raw score = $28

μ is the population mean = $25

σ is the population standard deviation = $8

z= 28 - 25/8

z = 0.375

P-value from Z-Table:

P(x<28) = 0.64617

P(x>28) = 1 - P(x<28)

= 1 - 0.64617

= 0.35383

Approximately to 3 decimal places = 0.354

The proportion of the bank's Visa cardholders pay more than 28 dollars in interest is 0.354.

Solve each equation.
Show all steps
4) -8(-6-5k)=-232

Answers

the answer is k=4.6. hope this helps

25x 10 ^ 6 in standard form ​

Answers

25x10⁶ = 2.5x10⁷=25000000

#Learn more

-34/51 in standard form​

brainly.in/question/12244412

convert 2 3/7 to an improper fraction​

Answers

Answer:The mixed number 2 3/7 can be converted to the improper fraction 17/7. The easiest way to do this is to multiply the denominator of the fraction (7 in...

Step-by-step explanation:

Consider the following.

P = −0.1s3 + 6s2 + 400.

Required:
a. Find the amount s of advertising (in thousands of dollars) that maximizes the profit P (in thousands of dollars).
b. Find the point of diminishing returns.

Answers

Answer:

A) s = $40 (in thousands of dollars)

B) point of diminishing returns is at;

(20, 2000) in thousands of dollars

Step-by-step explanation:

We are given the profit function as;

P = −0.1s³ + 6s² + 400

A) To maximize the profit, we need to find the first derivative and equate it to zero.

Thus;

dP/ds = -0.3s² + 12s

At dP/ds = 0, we have;

-0.3s² + 12s = 0

0.3s² = 12s

0.3s = 12

s = 12/0.3

s = $40 (in thousands of dollars)

B) To find the point of diminishing returns, we need to find the 2nd derivative of the given profit function and equate to zero.

Thus;

d²P/ds² = -0.6s + 12

At d²P/ds² = 0, we have;

-0.6s + 12 = 0

0.6s = 12

s = 12/0.6

s = 20

At s = 20,

P = −0.1(20)³ + 6(20)² + 400

P = -800 + 2400 + 400

P = 2000

Thus; point of diminishing returns is at;

(20, 2000) in thousands of dollars

Customers at the Palace Pro Shop receive a 10% discount if they are members. All customers must pay 7% in sales tax. The function f(x)=0.9x is used to determine the price of an item after the 10% member discount, where x is the regular price of the item. The function g(x)=1.07x is used to determine the total amount customers pay for a purchase after all discounts are applied. Which function can be used to determine T(x), the total amount a member pays for an item with a regular price of x dollars?

T(x)=0.963x
T(x)=0.17x
T(x)=1.19x
T(x)=1.97x

Answers

Answer:

0.963

Step-by-step explanation:

It’s correct

The coordinates of point T are (0,6). The midpoint of ST is (4.-6). Find the coordinates

point S.

Answers

Answer:

The coordinates of endpoint S are [tex]S(x,y) = (8,-18)[/tex].

Step-by-step explanation:

Let [tex]T(x, y) = (0, 6)[/tex] and [tex]M(x,y) = (4,-6)[/tex], which is the midpoint of line segment ST. From Linear Algebra we get that midpoint is the following vector sum of endpoints S and T. That is:

[tex]M(x,y) = \frac{1}{2}\cdot S(x,y) + \frac{1}{2}\cdot T(x,y)[/tex] (Eq. 1)

Now clear S in the previous expression:

[tex]S(x,y) = 2\cdot M(x,y) - T(x,y)[/tex] (Eq. 1b)

Then, the coordinates of point S are:

[tex]S(x,y) = 2\cdot (4,-6) - (0,6)[/tex]

[tex]S(x,y) = (8, -18)[/tex]

The coordinates of endpoint S are [tex]S(x,y) = (8,-18)[/tex].

Please help and i will brainliestttt

Answers

Answer:

7/3 cm per hour

Step-by-step explanation:

Answer:  7/3  or in decimal form 2.3   the three is repeating or in mixed number 2 1/3

Step-by-step explanation:

7 divided by 3= 3/3 or in decimal form 2.3 the three is repeating or in mixed number 2 1/3

7 is for how much snow fell and the 3 is from how much time

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