A company produces 1200 widgets a week at a total cost of $15,000 and 1800 widgets a week at a total cost of $21,000. Find the company's weekly fixed costs and the marginal cost per widget.

Q: If the daily marginal cost for a product is MC = 6x + 140, with fixed costs amounting to $300, find…

A: here marginal cost function is  MC=6x+140 to find the total cost function, take integration

Q: Given cost and price (demand) functions C(q) = 100q + 43,500 and p(q) = - 2q + 860, what is the…

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Q: Given Cost and Revenue functions C(q)=q3−10q2+57q+5000 and R(q)=−3q2+2400q​, what is the marginal…

A: We have to find marginal cost at a production level of 40 items Given that: Cost function is…

Q: (a) Write down the associated cost function C(x) in dollars. C(x) =       Write down the revenue…

A: Definition used -                          Profit = revenue -cost                           P(x)=…

Q: Suppose the daily cost, in dollars, of producing x television is C(x)=.003x3+.1x2+71x+540 and…

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Q: b) Find the total cost if the marginal cost is MC 3e0.50 and fixed costs are 10.

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Q: Your college newspaper, The Collegiate Investigator, has fixed production costs of $74 per edition…

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Q: Your college newspaper, The Collegiate Investigator, has fixed production costs of $72 per edition…

A: a) 40¢ =$0.401 copy has variable cost=$0.40So, x copies has variable octs=$0.40xTotal…

Q: Cost, revenue, and profit are in dollars and x is the number of units. If the daily marginal cost…

A: The marginal cost (MC) is given by,MC=C'(x)=dCdx Where C(x) is total cost function per…

Q: If the daily marginal cost for a product is  MC = 4x + 140,  with fixed costs amounting to $800,…

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Q: When a wholesaler sold a product at $30 per unit, sales were 186 units per week. After a price…

A:

Q: Assume that the situation can be expressed as a linear cost function.  Marginal cost is $25; 190…

A: GIVEN: Marginal cost = $25

Q: If the marginal cost for x items is C' (x) = 100 + e* and the fixed cost is $1500, determine the…

A: use the indefinite integral formula for finding C(x).

Q: If C(x) = 19000 + 500x - 1.2x2 + 0.004x3 is the cost function and p(x) = 2900 - 6x is the demand…

A: Let's find.

Q: find the linear cost function for an item with marginal cost of $120, and it costs 96,500 to produce…

A: Find the linear cost function for an item with marginal cost of $120, and it costs 96,500 to produce…

Q: A company finds that it can sell 110 items at a price of $580 each and sell 430 items at a price of…

A: Let y=mx+b be the linear demand equation, where y denotes the number of items and x denotes the…

Q: If the marginal cost for a product is MC = 4x + 20 and the total cost of producing 15 units is…

A: Given,           The marginal cost for a product is MC¯=4x+20 and the total cost of producing 15…

Q: Given the demand function, P = 10 – 2Q and the %3D Total Cost function, TC = 40 + 3Q which is the…

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Q: In some manufacture company, which sales certain product, the price function p and the cost function…

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Q: Given Cost and Revenue functions C(q) = q° - 8q + 51q+ 5000 and R(q) = - 3q +2400q, what is the…

A: Given query is to find the marginal profit on production level of 60 items.

Q: given the demand equation p=300-x/30 and cost equation C(x)=150,000+30x, find the marginal profit at…

A: Given Find out the revenue function using demand equation Revenue = p times x

Q: If the demand for a thingy is 12,000 per month when the price is $12 and 15,000 when the price is…

A: Find the slope of function.

Q: When a wholesaler sold a product at $40 per unit, sales were 248 units per week. After a price…

A: To find the the price

Q: calculate the consumers Surplos at the ndicated unit price P for the demand equation 13

A: Given that: Price, p=12-2q1/3 and p=8

Q: Given Cost and Revenue functions C(q) = q° - 10q + 54q + 5000 and R(q) = - 3q“ +2600q, what is the…

A: If the profit is p and the number of items produced is q then the marginal profit is given by dpdq.…

Q: If the total cost of a firm is C(x) = 1.5x3 - 5x2 + 20x + 5. Find the marginal cost (in Dollars)…

A: Given that,the total cost of a firm is Cx=1.5x3-5x2+20x+5We need to compute the marginal cost in…

Q: A manufacturer of textbooks has fixed costs of $21,000 per week and a marginal cost of $25 per…

A: Assume, for break-even x textbooks are sold.

Q: QUESTION 2 Assume that the linear cost and revenue models apply. An item costs $2 to make, If fixed…

A: Solution: According to the linear model, R(x) =mx +b Total Cost = $6000 + (2*400) = $14000 Profit =…

Q: If the daily marginal cost for a product is MC = 8x + 150, with fixed costs amounting to $500, find…

A: The marginal cost(MC) is given by, MC=C'x=dCdx  Where C(x) is the total cost function per day.…

Q: When a wholesaler sold a product at $30 per unit, sales were 280 units per week. After a price…

A: The solution is given below:

Q: If the marginal cost for a product is  MC = 6x + 7  and the production of 10 units results in a…

A: The marginal cost function is obtained by taking the derivative of the total cost function with…

Q: When a wholesaler sold a product at $40 per unit, sales were 270 units per week. After a price…

A:

Q: Given Cost and Revenue functions C(q) = q° - 8q + 53q + 5000 and R(q) = - 3q + 2400q, what is the…

A: We are asked to find the marginal cost

Q: Calculate the Consumers’ Surplus if the demand equation is p = 20 − 2q 1/3 and the unit price is set…

A: Given informationDemand equation

Q: If the total cost of a firm is C(x)=1.5x3-5x2+20x+5; find the marginal cost (in dollars)  when 25…

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Q: If  C(x) = 16000 + 500x − 2.2x2 + 0.004x3  is the cost function and  p(x) = 2900 − 7x  is the…

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Q: Given cost function C(q) = q° - 125q + 25000q, what is the minimum average cost? It would be $ per…

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Q: Assume it costs Microsoft $4,700 to manufacture 5 Xbox 360s and $7,650 to manufacture 10. Obtain the…

A: according to question, we have to assume it  costs Microsoft $4,700 to manufacture 5 Xbox 360s and…

Q: Your college newspaper, The Collegiate Investigator, has fixed production costs of $74 per edition…

A: Given query is to find the cost revenue and profit function.

Q: Your college newspaper, The Collegiate Investigator, has fixed production costs of $76 per edition…

A:

Q: If the daily marginal cost for a product is MC = 8x + 140, with fixed costs amounting to $100, find…

A: Given,           The daily marginal cost for a product is MC¯=8x+140 , with fixed costs amounting to…

Q: What level of output would generate a profit of $15,000 if a product sells for $24.99, has unit…

A: Given: Net income = $15,000. Selling Price per product = $24.99 Variable cost per product = $9.99…

Q: Given cost and price​ (demand) functions C(q)=120q+40,300 and p(q)=-2q+890, what is the marginal…

A: Given cost function and demand functions are as follows:

Q: Increased preference for WATERMELON would most likely shift the demand curve for WATERMELON to the…

A: According to the given information, it is required to select the correct option for the given…

Q: Calculate the consumers' surplus if the demand equation is p=20-2q1/3 and the unit price is set at…

A: Given, demand equation and unit price

Q: If the marginal cost for a product is  MC = 4x + 30  and the total cost of producing 30 units is…

A: Consider the given marginal cost function: Here the objective is to find the cost function and cost…

Q: If the marginal cost for a product is  MC = 2x + 80 and the total cost of producing 15 units is…

A:

Q: Given Cost and Price​ (demand) functions C(q)=100q+40000 and p(q)=−2.2q+900​, what profit can be…

A: Given query is to find the profit for the price of $550.

Q: Assume that the linear cost model applies. If the total cost of producing 1600 items at $15 each is…

A: here we want linear relation  for 1600 item cost for each is $15 1600*15 = $24000 so extra is 24410…

Q: What are the company's daily fixed costs (in dollars)? $     What is the marginal cost (in dollars)…

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