*17.3.21A joint-cost function is defined implicitly by the equation c+ vc = 90 + 9A9+96 where c denotes the total cost (in dollars) for producing qa units of product A and qg units of product B.(a) If qa = 4 and qB = 4, find the corresponding value of c.(b) Determine the marginal costs with respect to ga and qg when qa = 4 and qe = 4.(a) If qA = 4 and qg = 4, the corresponding value of c is(Simplify your answer.)

The value of C can be obtained by substituting the figures: c + c = 90 + qA9+qB2c + c = 90 + 49 +…

Answered: (a) If qA = 4 and q8 = 4, the…

Business

Finance

(a) If qA = 4 and q8 = 4, the corresponding value of c is (Simplify your answer.)

Essentials of Business Analytics (MindTap Course List)

2nd Edition

ISBN:9781305627734

Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson

Chapter13: Nonlinear Optimization Models

Section: Chapter Questions

Problem 2P: The Cobb-Douglas production function is a classic model from economics used to model output as a...

See similar textbooks

Related questions

Q: Using MARR of 12%, on the basis of IRR the preferred alternative is (A) Alt C B) Alt B C) Alt A D)…

A: Determine the IRR of alternative C by using the Financial Calculator with the following inputs:…

Q: if the ROA is 30% and AT is 2.0, then WHAT IS THE PM?

A: Return on Assets: It is one of the profitability ratios which measures the percentage of…

Q: Thank you for your answer, can you explain to me why n is negative in this formula?…

A: Here, The price of the bond is P. The periodic coupon payments are C. The rate of return is r. The…

Q: If A = $1, 400, P= $1,200, andt = 5, solve A = P(1+r)* for r.

A: Computation:

Q: Factor P(F/P.i%.n) equals P=(F/(1+i)^) True O False

A: FACTOR P(F/P,i%,n) =F1+in

Q: Q2. Compute the value of P for the following diagram.

A: Present Value: It is the present worth of the future sum of money to be discounted at a specific…

Q: For the diagram shown, the respective values of n1 and n2 for the following equation are: Po =…

A: Equation Po = 50(P/A,i,n1)(P/F,i,n2) Requirement: Value of n1 and n2

Q: How 0.0851 get in the solution given for r?

A: Present value is the current worth of any future cashflow discounted at a required rate.

Q: When complete the table values for E and F are and

A: Question is flavor Marginal Costing and Standard Costing. So when unfavorable value add in Expense,…

Q: What happens when N (d2) of the Black Scholes Morten Model is in the negative figure? What does this…

A: Following a lengthy search by financial economists for a viable option-pricing model. A formula for…

Q: Let A be a matrix with 5 rows and 2 columns. Which of the following operations are illegitimate? 1.…

A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…

Q: Suppose the following formula is inputted into Excel: =MROUND(1/4,100) The output in the cell will…

A: Mround gives the number rounded off to a particular multiple.

Q: Given a function described as the equation y = 4x-4, what is y when x is 1,2, and 3? A 0,6,12 B.…

A: y = 4x - 4 When x = 1 y = (4 * 1) - 4 y = 4 - 4 y = 0

Q: 6, calculate the net present value (NPV) and indicate whether to accept or reject the machine.

A: Calculation of NPV using Excel Function: Excel Spreadsheet:

Q: If i = 296, the value of X in the following CFD is nearest to: 100 100 100 100 100 Selected Answer:…

A: IRR means internal rate of return which means that percentage where present value of cash inflow and…

Q: exponent is 0.7 for a

A: Cost of producing 100 units electric starter units = $200,000 Cost of producing 500 units electric…

Q: Suppose a put option has X=103 and Iium

A: An option is a type of derivative contract which means it derives its value from an underlying…

Q: 3. Find the margin of error for the given values of c, s, and n. c=0.99, s=5, n=22 The margin…

A: Margin of error shows the quantum of random sampling error which is calculated by statistics in the…

Q: Which of the following is the correct formula for calculating the future value? A) FV = B) FV = PV x…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Is DDM and CAPM suppose to be the same numbe

A: There are many ways to do valuation of stock one is DDM and other is CAPM these are two important…

Q: If ARORA-B = 8%, which is > MARR of 6%, then we will keep project A and drop project B, even though…

A: While comparing two or more projects, the project with highest ROR is considered to be feasible.…

Q: hat compounds intere value of n in the F/A fac

A: Formula for calculating n in compound interest is: N = n*t Where n is the compounding periods &…

Q: Compute the value for Y and enter the answer below: Y=5²+|-12|+6-SQRT(15)

A: Y = 52+(-12)+6-SQRT(15)

Q: If P=20000 then (F/P,8%,7)=?

A: Here, P is 20000 Interest Rate is 8% Time Period is 7 years

Q: =FV(i, N, 0, P) =PV(i, N, 0, F) =FV(i, N, A) =PMT(i, N, 0, F)

A: Calculate value of fees for 18 to 22 at 18 as below: Resultant Table: Hence, value of fees at 18…

Q: 14. Which of the following can be used to calculate the value of X in the following CFD: a. X= 10…

A: Value of X can be calculated by calculating the future value of the cashflow from year 1 to 8. Cash…

Q: what is the value of N?

A: Net pay is the pay which has been received by the employee from the employer in hand means net pay…

Q: How do i solve for r in the equation: A=P(1+rt)

A: Interest rate is the rate which is paid by the borrower as per the amount borrowed from the various…

Q: x; y >= 0 is a non-negativity condition in a given LPP. This means that:

A: LPP (linear programming problem) is the method of finding the value of a variable either maximum or…

Q: What does a PBR that is much higher than 1 mean?

A: Price to Book Value Ratio (PBR) : It means market price of share to book value of company called…

Q: TE THE B/C RATIO AND ST WORTH DOING (YES /NO)

A: The benefit-cost ratio is a numerical or qualitative metric that depicts the correlation between…

Q: The linear kos function is written by the equation Y = a + bX. of the equation, X represents.....

A: Linear functions can be defined as the graph that is a straight line with equation of: Y = a = bX. A…

Q: I get beta in step 1 to 1,5 since you have to subtract rm - rf which gives 3 (4,5%-1,5%) = 3%

A: Given that, Market risk premium = 4.5% Risk free rate = 1.5% ERi = 6%

Q: If i 2%, the value of X in the following CFD is nearest to: !! 10 10 10 10 20 20 20 20

A: Future value of annuity: The future value of an annuity is a method of determining how much money a…

Q: when NPV is greater than zero the PI will be greater than zero, greater than one, less than one, or…

A: Net present value NPV is a technique used in capital budgeting for evaluating the project's…

Q: What is the difference between a Form 10–K and a Form 10–Q?

A: Answer:

Q: If i = 296, the value of X in the following balanced CFD is nearest to: 300 300 300 200 200 100 100…

A: Given: i=2% n=7

Q: How did you get the 0.1212 or 12.12% value from this problem?

A: Given information : Interest rate = 12% Compounding period = 12 Since the question have not…

Q: In the equation, PV = P1,000 x (1+ 1.06)-5, the (1+.06)-5 can otherwise be presented as %3D

A: When the company is considering the present value or future value for an amount then, it would be…

Q: What is the solution to 0.5x – 2 < 5.5? O A. X < 7 В. X < 9 о С. х< 13 D. x < 15

A: We need to find out the value of x by transferring the value of from right side to left side.

Q: ent values

A: Given as, 8,900 for 14 years, Return= 9 %.

Q: The subjec can take m prospectiv O True O False

A: Basic Concept Auditing and assurance

Q: Calculate: 이니 D where D=3.54, and r=0.135

A: Formula to calculate: D/r

Q: ne value be if the p calculations and r ne value be if the p calculations and re hn ne value be if…

A: Note : As per the guidelines, only first three parts will be answered. Kindly post the remaining…

Q: For the following CFD, shown in table below. The number of positive real roots for this series is:

A: There are two types of cash flow can be occur from a capital project. 1.Even cash flow: Even cash…

Question

*17.3.21
A joint-cost function is defined implicitly by the equation c+ vc = 90 + 9A9+96 where c denotes the total cost (in dollars) for producing qa units of product A and qg units of product B.
(a) If qa = 4 and qB = 4, find the corresponding value of c.
(b) Determine the marginal costs with respect to ga and qg when qa = 4 and qe = 4.
(a) If qA = 4 and qg = 4, the corresponding value of c is
(Simplify your answer.)

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.

Similar questions

23.In the formula y = a + bX, y represents a. total fixed cost b. total variable cost c. total cost d. variable cost per unit
Given the mixed cost function y = $6.50x + $3,000. What does the $6.50 represent? a.Total cost per unit of the cost driver b.The fixed cost per unit c.The slope of the cost function d.Total fixed costs
Answer the following: 1. The slope of line A is equal to the: a. fixed cost per unit. b. selling price per unit. c. profit per unit. d. semivariable cost per unit. e. unit contribution margin. 2. Line C represents the level of: a. fixed cost. b. variable cost. c. semivariable cost. d. total cost. e. mixed cost. 3. Line B represents the level of: a. fixed cost. b. variable cost. c. semivariable cost. d. total cost. e. mixed cost. 4. The slope of line B is equal to the: a. fixed cost per unit. b. selling price per unit. c. variable cost per unit. d. profit per unit. e. unit contribution margin. 5. Line A is the: a. total revenue line. b. Option 2 c. fixed cost line. d. variable cost line. e. total cost line. f. profit line.
Find the marginal profit function if cost and revenue are given by C(x) = 224 + 0.8x and R(x) = 8x – 0.05x2. P'(x) =D
Refer to the pictur ebelow: Find: 1. Total Cost of Product A under ABC System2. Total Cost of Product B under ABC System3. Selling Price per unit of Product B assuming profit margin of 20% above cost
If Q equals the level of output, P is the selling price per unit, V is the variable cost per unit, and F is the fixed cost, then the break-even point in units is: a Q ÷ (P − V). b F ÷ (P − V). c V ÷ (P − V). d F ÷ [Q(P − V)].
Find the marginal profit function if cost and revenue are given by C(x) = 223 +0.7x and R(x) = 6x -0.09x² P'(x)=
1. The formula used to calculate the number of units needed in order to earn a target income is a. (Fixed costs + variable costs) / Sales b. (Fixed costs + target income) / Sales c. (Fixed costs + target income) / CM per unit d. (Fixed costs + variable costs) / CM per unit 2. The indifference point is reached when * a. The savings in variable cost is equal to the increase in fixed costs. b. The savings in variable cost is less than the increase in fixed costs. c. The savings in fixed cost is equal to the decrease in variable cost. d. The savings in fixed cost is more than the increase in variable costs.' 3. Which of the following is not an assumption used to prepare a cost-volume-profit graph? * a. Constant sales mix b. Constant cost fluctuations c. Units produced equal units sold d. Liner costs within the relevant range
Question 9 In the standard cost formula Y = a + bX, what does the "Y" represent? O total cost variable cost per unit total variable cost total fixed cost
7. Which of the following is a correct formula to calculate contribution margin ratio (CM ratio)? a. Contribution margin/Sales b. Contribution margin/Variable cost c. Contribution margin/Fixed cost d. Sales/Contribution margin
Select the correct statement concerning the cost-volume-profit graph at right: a. The point identified by "B" is the break-even point. b. Line F is the variable cost line. c. At point B, profits equal total costs. d. Line E is the total cost line. Line F Line E Line D
Which of the following best describes a variable cost? A cost that: a. Represents a fixed proportion of total costs b. Has a direct relationship with outputc. Is sometimes also known as an indirect cos d. Falls on average, as output increases.