A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,500 per piano. Find the cost C(x) of manufacturing x pianos in one day. C(x)= 1500x X Use your function to answer the following questions. (a) On a given day, what is the cost of manufacturing three pianos? $ 5800 (b) What is the cost of manufacturing the third piano that day? $ 1500 (c) What is the cost of manufacturing the 11th piano that day? $ 1500 (d) What is the variable cost? $ 1500x What is the fixed cost? $1300 What is the marginal cost? $ 1500 per piano
A piano manufacturer has a daily fixed cost of $1,300 and a marginal cost of $1,500 per piano. Find the cost C(x) of manufacturing x pianos in one day. C(x)= 1500x X Use your function to answer the following questions. (a) On a given day, what is the cost of manufacturing three pianos? $ 5800 (b) What is the cost of manufacturing the third piano that day? $ 1500 (c) What is the cost of manufacturing the 11th piano that day? $ 1500 (d) What is the variable cost? $ 1500x What is the fixed cost? $1300 What is the marginal cost? $ 1500 per piano
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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