13 Answered Questions for the topic Marginal Cost
The total profit (in dollars) from the sale of x answering machines is P(x)=20x−0.6x2−260.
(A) Find the exact profit from the sale of the 26th machine (B) Use the marginal profit to approximate the profit from the sale of the 26th machine
The marginal cost to make a sound system is $50 and the fixed cost is $3600.
The revenue function for the same sound system is r(x)=300x-x^2. What is the average rate of change for profit as the number of sound systems increase from 50 to 200?
The calculation of the cents
The marginal cost when x unit are produces isC'(x) =30 SQRT (x)If the fixed cost is R75, calculate the cent nearest to the cost
A machine is purchased for $2,000. Its resale value at time t is: V = 25t2 −500t + 7000 At what rate is the resale value changing in the 6th year?
A machine is purchased for $2,000. Its resale value at time t is: V = 25t2 −500t + 7000At what rate is the resale value changing in the 6th year?
TC = 80,000 + 10Q + 0.003Q2 find marginal value
when TC = 80,000 + 10Q + 0.003Q2 then find step wise marginal value
Marginal cost of violins
The annual demand equation for handcrafted violins by a certain violin maker can be approximated by p=24-x where p is the price in thousands of dollars and x is the quantity of violins demanded.... more
A company marks up the cost of all items by 28%. If they want to have a sale, what is the maximum they can reduce the selling price by before going below cost?
It's a margin/markup question. Selling Price = Cost - Markup (the maximum percentage - just ran out of space in the question box)
Price Setting question, please help!
I answered a through e, but I do need help with f. Could someone please help me answer this? 4. Suppose you were considering going into the car-wash business and investing in a new kind of... more
HELP!!!! Managerial Word Problem
Consider the following table and prepare a segmented income statement on paper. Use your income statement to answer the following questions:What is the contribution margin for Product A? What is... more
Company supply = 800 hand knit sweaters (Q) Selling price = $150 Costs: Mortgage = $1200 per month (4 weeks) Utilities = $500 per month average Taxes & Permits = $200 monthly... more
Please help set up a derivative problem for business calc.
Suppose the annual cost per active-duty armed service member in a certain country increased from $80,000 in 1995 to $90,000 in 2000. In 1990, there were 2 million armed service personnel and this... more
Marginal Cost Economics
If total cost increases from $50 to $90 as output increases from 20 to 25 units, what is the marginal cost of the twenty fifth unit of output?
The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the ...
The Marginal cost of a product can be thought of as the cost of producing one additional unit of output. For example, if the marginal cost of producing the 50th product is $6.20, it cost $6.20 to... more