Find out when the tool starts to generate profit? (Ignore the range of the cost function.

Q: == Let f(x1, x2)=xx be a Cobb-Douglas production technology where a, ß > 0 and a +ẞ<1. (i) Show that…

A: Monotonicity describes whether a function's values consistently rise or fall within its input range.…

Q: Suppose a company has fixed costs of $40,800 and variable cost per unit of x+222 dollars, where x is…

A: The fixed cost is given as $40800The variable cost per unit is The selling price of the product is

Q: 4. 16 where q is the firm's output. (i) Determine the level of output for average costs are minimum.

A: "Since you have asked multiple parts, we will answer only the first part for you. If you have any…

Q: For each of the below production functions, find the minimum cost of producing 2 units of output…

A: The input prices for producing 2 units of output are given as 2 and 5. Minimum cost needs to be…

Q: A company produces two different versions of a certain product. Let q₁ indicate the amount produced…

A: There are two different versions of a good : q1 &amp; q2Cost function of q1 : c(q1)  =

Q: A cost of production function is given as                                     C (n) = (n – 100)2 +…

A: a-b2=a2+b2-2ab

Q: mpany has established that the relationship between the sales price for one of its products and the…

A:

Q: AVC=10-0.03Q + 0.00005Q2 TFC=60 What is the TC function? What is the minimum AVC?

A: Total cost is the sum of total fixed cost and the total variable cost. Average variable cost is the…

Q: A certain seed and fertilizer company compiled the following estimates for its operations. Capacity…

A: The total amount of money received from the sale of goods or services connected to a business's main…

Q: Given the average cost function as below, find the MC function. * AC=Q²-40+174 A) 20-4 B) 20-4+174…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: A company makes solar panels. The company’s revenue function, in dollars, is R(n)=10n , where n is…

A: Note: Since more than 3 sub-questions are asked, due to Bartleby policy we are allowed to answer not…

Q: The function E sold. Find a) the profit when 75 units are sold + 1900z 3000 gives the profit when a…

A: Profit:Profit is the money earned after all the costs or expenditures are deducted from the revenue.…

Q: The average total cost of producing electronic calculators in a factory is $26 at the current output…

A: Average total cost is the total of all production costs divided by the amount of output produced. It…

Q: The total cost and the total revenue (in dollars) for the production and sale of x ski jackets are…

A: Revenue refers to the total amount of money earned by a firm from the sale of its goods or services.…

Q: Company XYZ projects their revenues for the given quarter to be modeled by the function R(z) = 12z -…

A: Breakeven is achieved at the output level where total revenue equals total cost.

Q: Suppose that the monthly cost, in dollars, of producing x chairs is C(x)=0.005x³ +0.07x² + 19x +…

A: Marginal cost is the additional cost required in order to produce an additional unit of output.

Q: f a person performing a task has been achieving an 75 percent learning curve and if it took 53…

A: When the cost of units is used instead of time of unit, the relationship will often be referred to…

Q: K Drilling of an oil well has a fixed cost of $40,000 and a marginal cost of M'(x) = 5000+56x…

A: Marginal cost is the change in variable cost incurred to produce an additional unit of good.

Q: A firm manufactures a product that sells for $10 per unit. Variable cost per unit is $5 and fixed…

A: Total revenue:Demand is a function of price, income, taste, and expectations. When multiply the…

Q: A study of 86 savings and loan associations in six northwestern states yielded the following cost…

A: A cost function is a functional relationship between cost and output.It can be expressed as, where C…

Q: For the cost function C0) = 75 - 40- 202 the marginal cost of producing 5 units of outout

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: 2. The cost of operating a jet-powered commercial (passenger- carrying) airplane varies as the…

A: Given: The cost of operating a large ship (CO) varies as the square of its velocity (v);…

Q: You start crearing personaize hone cases. Suppose the quantity of cases demanded each month is…

A: (a) The average (AC) costs refer to per unit cost of production. It is obtained by dividing total…

Q: As a producer and seller of some commodity, you have learned that, if you produce and sell x itmes…

A: Profit is the difference between total revenue and total cost.

Q: The equation p(x)= −40?^2 + 8000? − 250000 takes x, the number of items produced of a particular new…

A: Maximum profit is a price goal where a company wants to make as much profit as feasible as soon as…

Q: In 2019, X Company sold 5,250 units of its only product. Total revenue was $1,345,575, total…

A: Total Revenue is the total amount earned by the seller after selling the goods and services  or we…

Q: Let 10p + x = 100 be the demand equation, where p is the price per item when x items are demanded.…

A: Business economics requires making decisions and allocating resources in complex market…

Q: Here is the production cost function, in $ of producing q units of a product: 2200 C(q) = 300 +0.8q2…

A: Since you have posted multiple questions with multiple subparts, as per guidelines, we are supposed…

Q: The function P(x) 1.25x² + 775x - 7000 gives the profit when x units of a certain product are sold.…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: of $8 per unit. Sales history indicates that the sales price in dollars, P, varies with the demand,…

A: here we determine the optimum demand and the maximum profit by following method given below;

Q: For the following problem, what would be the objective function that aims at minimizing the total…

A: Given,

Q: do fast i will 10 upvotes.

A: The objective of the question is to find the cost function associated with the given production…

Q: A manufacturer estimates that its product can be produced at a total cost of c(x)=40,000+100x+x^3…

A: Profit is maximized where the MR=MC. or profit function is differentiated and put equal to zero.

Q: The total cost a power plant ($/megawatts) to produce electricity is Y=12+1.3X+0.24 X2 , where X is…

A: A firm maximizes profit by producing output at a level where Marginal Revenue is equal to Marginal…