Cost, revenue, and profit are in dollars and x is the number of units. If the marginal cost for a product is MC = 2x + 20 and the total cost of producing 30 units is $2000, find the cost of producing 45 units. x $

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter3: Polynomial Functions
Section3.5: Mathematical Modeling And Variation
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Cost, revenue, and profit are in dollars and x is the number of units.
If the marginal cost for a product is MC = 2x + 20 and the total cost of producing 30 units is $2000, find the cost of producing 45 units.
X
$
Transcribed Image Text:Cost, revenue, and profit are in dollars and x is the number of units. If the marginal cost for a product is MC = 2x + 20 and the total cost of producing 30 units is $2000, find the cost of producing 45 units. X $
Suppose that the marginal propensity to consume is
dc
= 0.8-e-2y (in billions of dollars)
and that consumption is $5.7 billion when disposable income is $0. Find the national consumption function.
Transcribed Image Text:Suppose that the marginal propensity to consume is dc = 0.8-e-2y (in billions of dollars) and that consumption is $5.7 billion when disposable income is $0. Find the national consumption function.
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