Marginal cost function (C'(q)) and marginal yield function ('R(q)) to extract a smartphone is as follows in the figure where C'(q) , R'(q) are measured in RM/unit and q is quantity (units).The fixed cost of manufacturing such a smartphone is zero. With using the concept of integration, determine: a) the total cost to manufacture 4 units of smartphones. b) function of the total revenue for the smartphone. c)
Marginal cost function (C'(q)) and marginal yield function ('R(q)) to extract a smartphone is as follows in the figure where C'(q) , R'(q) are measured in RM/unit and q is quantity (units).The fixed cost of manufacturing such a smartphone is zero. With using the concept of integration, determine: a) the total cost to manufacture 4 units of smartphones. b) function of the total revenue for the smartphone. c)
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Marginal cost function (C'(q)) and marginal yield function ('R(q)) to extract a smartphone is as follows in the figure
where C'(q) , R'(q) are measured in RM/unit and q is quantity (units).The fixed cost of manufacturing such a smartphone is zero. With using the concept of integration, determine:
a) the total cost to manufacture 4 units of smartphones.
b) function of the total revenue for the smartphone.
c)
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