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Mashcka [7]
1 year ago
8

Marginal cost At a certain factory the marginal cost is 3(q-4)^2 dollars per unit when the level of production is q units.

Mathematics
1 answer:
viktelen [127]1 year ago
7 0

Answer:

a.) C(q) =  -(1/4)*q^3 +  3q^2  -  12q + OH          b.) $170

Step-by-step explanation:

(a) Marginal cost is defined as the decrease or increase in total production cost if output is increased by one more unit. Mathematically:

Marginal cost (MC) = change in total cost/change in quantity

Therefore, to derive the equation for total production cost, we need to integrate the equation of marginal cost with respect to quantity. Thus:

Total cost (C) = Integral [3(q-4)^2] dq = -(1/4)*(q-4)^3 + k

where k is a constant.

The overhead (OH) = C(0) = -(1/4)*(0-4)^3 + k = -16 + k

C(q) = -(1/4)*(q^3  - 12q^2  + 48q - 64) + k = -(1/4)*q^3 +  3q^2  -  12q  -16 + k

Thus:

C(q) =  -(1/4)*q^3 +  3q^2  -  12q + OH

(b) C(14) = -(1/4)*14^3 +  3*14^2  -  12*14 + 436 = -686 + 588 - 168 + 436 = $170

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Answer:

I hope this image and explanation helps you!

Step-by-step explanation:

All students in the eighth grade were surveyed, so we can make the valid conclusion that 18% of all students in the eighth grade at Lincoln Junior High School have pancakes as their favorite breakfast.

However, the question did not ask about the students' favorite meal of the day, so we cannot draw any valid conclusions about the students' favorite meal.

The valid conclusion:

18% of all students in the eighth grade at Lincoln Junior High School have pancakes as their favorite breakfast, but we cannot conclude anything about the percent of the population who have breakfast as their favorite meal.

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Answer:

a=3

Step-by-step explanation:

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Answer:

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