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6) A manufacturer' s marginal-cost function is dc dq 0.2q Ifcis in dollars,determine the cost involved to to 50 units increase production from 30...

Question

6) A manufacturer' s marginal-cost function is dc dq 0.2q Ifcis in dollars,determine the cost involved to to 50 units increase production from 30

6) A manufacturer' s marginal-cost function is dc dq 0.2q Ifcis in dollars,determine the cost involved to to 50 units increase production from 30



Answers

The cost function for a manufacturer is $Q(x)$ dollars, where $x$ is the number of units of goods produced and $C, C^{\prime},$ and $C^{\prime \prime}$ are the functions given in Fig. 15. (a) What is the cost of manufacturing 60 units of goods? (b) What is the marginal cost when 40 units of goods are manufactured? (c) At what level of production is the cost $\$ 1200 ?$ (d) At what Ievel(s) of production is the marginal cost $\$ 22.50 ?$ (e) At what level of production does the marginal cost have the least value? What is the marginal cost at this level of production?


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