Business Cal
asked by
Sara
Respond to this Question
Similar Questions

Math
The cost of producing x units of a certain commodity is given by P(x)=1000+ int(MC(s))ds from 0 to x, where P is in dollars and M(x) is marginal cost in dollars per unit. A. Suppose the marginal cost at a production level of 500 
Economics/Math
Suppose you are the manager of a small chemical company operating in a competitive market. Your cost of production can be expressed as C = 100 + Q2, where Q is the level of output and C is total cost. a. Is this a shortrun cost 
To: Economyst
I did mean Q Suppose you are the manager of a small chemical company operating in a competitive market. Your cost of production can be expressed as C = 100 + Q2, where Q is the level of output and C is total cost. a. Is this a 
Managerial Economics
Since dry cleaning produces air pollution, a small town with two dry cleaning companies has decided to regulate the dry cleaning industry. The two dry cleaning companies, Company A and Company B, currently produce 350 units of air 
Algebra
83. Minimizing Marginal Cost 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 
calculus
The total cost of producing x units is C(q) = 2q3 6q218q+108 (a) At what level of production will the total cost be minimized? (b) At what level of production will the marginal cost be minimized? (c) At what level of production 
math/economics in calculus
The average cost of manufacturing a quantity q of a good, is defined to be a(q) = C(q)/q. The average cost per item to produce q items is given by a(q) = 0.01q2 − 0.6q + 13, for q >0. I know that the total cost is 
algebra
URGENT! How do you calculate for marginal cost against fixed cost. E.g., a company produces 2 pairs of shoes at $390.00. If it produces 1 more pair (making total production 3), total cost is $600.00. If no production is made, the 
Calculus
I have two problems that I can't figure out for my test review... 1. Productivity: Because a new employee must learn an assigned task, production will increase with time. Suppose that for the average new employee, the rate of 
Economics
Initially suppose that both countries have the same production function, namely q = K.3L.7. For this production function, MPL = .7K.3L.3 and MPK = .3K.7L.7. Derive (with all steps shown) the longrun total cost function for each