What is the total cost of producing q goods

Assignment Help Mathematics
Reference no: EM131038302

Calculus-

1. The average cast a(q) of producing q items is defined as the total cost C(q) divided by the number of Items, q, so a(q) = C(q)/q. Explain why the average tea Ls minimized when the marginal can Ls equal to the average cost In:

(a) mathematical terms

(b) economic terms.

2. The average cost per item to produce q items is given by a(q) = 0.01q2 - 0.6q + 13. for q> 0.

(a) What Is the total cost, C(q), of producing q goods?

(b) What is the minimum marginal cost? What is the practical interpretation of this result?

(c) At what production level is the average cost a minimum? What is the lowest avenge cost?

(d) Compute the marginal met at q = 30. How don this relate to your answer to pan (c)? Explain this relationship both analytically and in words.

3. Consider the function f(x) = x3 - 3x2.

(a) Find the equation of the derivative f'(x).

(b) Find the equation of the tangent to the graph of f at x = 2.

(c) Find the equation of the normal at x = 2. (The normal is the line perpendicular to the tangent).

(d) Sketch f(x),f'(x)', the tangent at x = 2. and the normal at x = 2. Label any critical points of f.

4. Find the derivatives of the following (Unction using the various rules for computing derivatives

(a) f(x) = x3 - 3x2 + 7x-6

(b) g(x) = x + √(x2 + 1/x2)

(c) r(t)=(t2 - t + 1)(5 + 2t - t3)

(d) q(s) = (2s - 7)5(3s + 1)6 (Factor the answer as much as possible.)

(e) w(z) = z2 + 8z + 1/z2 - 1

5. Find the global maxima and minima of the following functions over the stated interval.

(a) f(x) = 2x2 +6x +2 on [-1, 3].

(b) g(x) =  x3 - x2 +12x - 7 on [-4, 4].

Reference no: EM131038302

Questions Cloud

How will knowing the amount of seed needed : Mr. and Mrs. Quigley just moved into a new home with a lot of land. They need to plant grass seed. How will knowing the amount of seed needed from their old house help them with buying seed for the new lawn
Provided graphical illustration of chi-square distribution : Provided graphical illustration of Chi-Square distribution with critical values and one tailed hypothesis test for the mean with corresponding computed and critical values.
Which account should you choose for your investment : Explain what average speed means in the context of this problem - Then define a function that gives the population of Podunk in terms of the number of years that have elapsed since 1998.
Describe three effective stress-management techniques : Describe three effective stress-management techniques.
What is the total cost of producing q goods : The average cost per item to produce q items is given by a(q) = 0.01q2 - 0.6q + 13. for q > 0. What Is the total cost, C(q), of producing q goods? What is the minimum marginal cost? What is the practical interpretation of this result
Overall performance of a job : In Human resource management who suggested the new concept that was used to acquire a number of key factors that is used to give out and tell the overall performance of a job?
Basic managerial skill in a company : For one to be a good manager there are a number of managerial skill he or she should be ecquiped with. What are the basic managerial skill in a company?
How might those two behaviors affect a child self-esteem : What are two behaviors that parents engage in that affect emotional regulation in children ages 6-11? How might those two behaviors affect a child's self-esteem?
Industry leaders in credit card processing systems : The Super X Credit Corporation is one of the industry leaders in credit card processing systems. They are known for being at the forefront of advances in technology, and offering some of the lowest prices for their services.

Reviews

Write a Review

Mathematics Questions & Answers

  Find the maximum area of the ?eld

A farmer wants to fence o a rectangular ?eld and then divide the ?eld in half with a fence down the middle (see diagram below). If he can only a ord 240 ft. of fencing material, what is the width y which gives the maximum area of the ?eld?

  How many handshakes take place

Two twelve-member basketball teams play a game. After the game, each of the members of the winning team shakes hands once with each member of both teams. How many handshakes take place?

  Calculate the transition matrix of graph

Calculate the transition matrix of graph and give the graph that corresponds to "hitting the back button" for this graph.

  Determine the gradient grad

Determine the gradient grad f and the value of |grad f| in spherical coordinates

  Find the height in feet for a ball thrown upward

The height in feet for a ball thrown upward at 48 feet per second is given by s(t)=-16t^(2)+48t, where t is the time in seconds after the ball is tossed.

  Contrast permutations and distinguishable permutations

Compare and contrast permutations and distinguishable permutations. Provide a formula for each and state the fundamental counting principle and explain it in your own words.

  What is the likelihood that they will all work

a company owns 400 laptops.each laptop has an 8% probability of not working. you randomly select 20 laptops for your salespeople. a. what is the likelihood that 5 will be broken? b. what is the likelihood that they will all work? c. what is the li..

  Find the probabilities that the sample contains defect

Control A certain machine that is used to manufacture screws produces a defect rate of .01. A random sample of 20 screws is selected. Find the probabilities that the sample contains the following

  Provide the minimum requirements at the least cost

Mr. Smith feels that each day his dog should have at least 8 units of protein, 5 units of carbohydrates, and 16 units of fat. How many cans of each dog food should he give to his dog each day to provide the minimum requirements at the least cost?

  Consider a and b are symmetric illustrate why the following

consider a and b are symmetric. illustrate why the following are symmetric or not.1 a2 - b22 aba-b3 aba4 abab5

  An equilateral triangle has vertices at 00 and 60 in

an equilateral triangle has vertices at 00 and 60 in acoordinate plane. what are the coordinates of the third vertex?

  What proportion have diastolic blood pressures

Diastolic Blood pressure are assumed to follow a normal distribution with a mean of 85 and a standard deviation of 12.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd