Register

A cost function is given. (a) find the average cost and marginal cost functions. c(x) = 3700 + 5x - 0.04x^2 + 0.0003x^3

A cost function is given. (a) find the average cost and marginal cost functions. c(x) = 3700 + 5x - 0.04x^2 + 0.0003x^3
asked 186k views
0 votes
A cost function is given. (a) find the average cost and marginal cost functions. c(x) = 3700 + 5x - 0.04x^2 + 0.0003x^3

asked
User Duber
by
8.2k points

1 Answer

3 votes
x=quantity produced or sold.
Average cost = c(x)/x = (3700+5x-0.04x^2)/x = 3700/x+5-0.04x

Marginal cost = c'(x) = 5-0.08x
answered
User Paulthenerd
by
8.3k points
← Prev Question Next Question →

Related questions

User DeadChex
asked Apr 3, 2017 187k views
Describe this pattern then solve equation 0.3x+0.03x+0.003x+0.0003x+0.00003x=3
DeadChex asked Apr 3, 2017
by DeadChex
8.6k points
1 answer
2 votes
187k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
Link Copied!