1. If the total cost function for a product is C(x) = 200(0.02x + 6)3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost?
2. A firm can produce only 3900 units per month. The monthly total cost is given by C(x) = 500 + 200x dollars, where x is the number produced. If the total venue is given by R(x) = 450x-1/100x^2 dollars, how many items, x, should the firm produce for maximum profit?
3. If the profit function for a product is P(x) = 3600x + 60x2 ? x3 ? 72,000 dollars, selling how many items, x, will produce a maximum profit?.

Answer:

a. The number of units which will minimize average cost is approximately 5,130 units.

b. The firm should produce 12,500 items, x, for maximum profit.

c. The number of items, x, that will produce a maximum profit is 60 items.

Step-by-step explanation:

Note: This question is not complete as there are some signs are omitted there. The complete question is therefore provided before answering the question as follows:

1. If the total cost function for a product is C(x) = 200(0.02x + 6)^3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost?

2. A firm can produce only 3900 units per month. The monthly total cost is given by C(x) = 500 + 200x dollars, where x is the number produced. If the total venue is given by R(x) = 450x-1/100x^2 dollars, how many items, x, should the firm produce for maximum profit?

3. If the profit function for a product is P(x) = 3600x + 60x2 - x3 - 72,000 dollars, selling how many items, x, will produce a maximum profit?

The explanation to the answer is now given as follows:

1. If the total cost function for a product is C(x) = 200(0.02x + 6)3 dollars, where x represents the number of hundreds of units produced, producing how many units will minimize average cost?

Given;

C(x) = 200(0.02x + 6)^3 ……………………………………….. (1)

We first simplify (0.02x + 6)^3 as follows:

(0.02x + 6)^3 = (0.02x + 6)(0.02x + 6)(0.02x + 6)

First, we have:

(0.02x + 6)(0.02x + 6) = 0.004x^2 + 0.12x + 0.12x + 36 = 0.004x^2 + 0.24x + 36

Second, we have:

(0.02x + 6)^3 = 0.004x^2 + 0.24x + 36(0.02x + 6)

(0.02x + 6)^3 = 0.00008x^3 + 0.048x^2 + 7.20x + 0.0024x^2 + 1.44x + 216

(0.02x + 6)^3 = 0.00008x^3 + 0.048x^2 + 0.0024x^2 + 7.20x + 1.44x + 216

(0.02x + 6)^3 = 0.00008x^3 + 0.0504x^2 + 8.64x + 216

Therefore, we have:

C(x) = 200(0.02x + 6)^3 = 200(0.00008x^3 + 0.0504x^2 + 8.64x + 216)

C(x) = 0.016x^3 + 10.08x^2 + 1,728x + 43,200

Therefore, the average cost (AC) can be calculated as follows:

AC(x) = C(x) / x = (0.016x^3 + 10.08x^2 + 1,728x + 43,200) / x

AC(x) = (0.016x^3 + 10.08x^2 + 1,728x + 43,200)x^(-1)

AC(x) = 0.016x^2 + 10.08x + 1,728 + 43,200x^(-1) …………………………. (2)

Taking the derivative of equation (2) with respect to x, equating to 0 and solve for x, we have:

0.032x + 10.08 - (43,300 / x^2) = 0

0.032x + 10.08 = 43,300 / x^2

X^2 * 0.32x = 43,300 – 10.08

0.32x^3 = 43,189.92

x^3 = 43,189.92 / 0.32

x^3 = 134,968.50

x = 134,968.50^(1/3)

x = 51.30

Since it is stated in the question that x represents the number of hundreds of units produced, we simply multiply by 100 as follows:

x = 51.30 * 100 = 5,130

Therefore, the number of units which will minimize average cost is approximately 5,130 units.

2. A firm can produce only 3900 units per month. The monthly total cost is given by C(x) = 500 + 200x dollars, where x is the number produced. If the total revenue is given by R(x) = 450x-1/100x^2 dollars, how many items, x, should the firm produce for maximum profit?

P(x) = R(x) - C(x) ……………. (3)

Where;

P(x) = Profit = ?

R(x) = 450x-1/100x^2

C(x) = 500 + 200x

Substituting the equations into equation (3), we have:

P(x) = 450x - 1/100x^2 - (500 + 200x)

P(x) = 450x - 0.01x^2 - 500 - 200x

P(x) = 450x - 200x - 0.01x^2 - 500

P(x) = 250x - 0.01x^2 – 500 …………………………………. (4)

Taking the derivative of equation (4) with respect to x, equating to 0 and solve for x, we have:

250 - 0.02x = 0

250 = 0.02x

x = 250 / 0.02

x = 12,500 items

Therefore, the firm should produce 12,500 items, x, for maximum profit.

3. If the profit function for a product is P(x) = 3600x + 60x2 – x^3 - 72,000 dollars, selling how many items, x, will produce a maximum profit?

Given;

P(x) = 3600x + 60x2 – x^3 - 72,000 …………………………. (5)

Taking the derivative of equation (5) with respect to x, equating to 0 and solve for x, we have:

3600 + 120x - 3x^2 = 0

Divide through by 3, we have:

1200 + 40x – x^2 = 0

1200 + 60x – 20x – x^2 = 0

60(20 + x) – x(20 + x) = 0

(60 – x)(20 + x) = 0

Therefore,

x = 60, or x = - 20

The negative value of x (i.e. x = - 20) will be will be ignored because it has no economic significance. Therefore, the number of items, x, that will produce a maximum profit is 60 items.

A local restaurant only sells burgers and cokes. 3 burgers and 5 comes cost $17, while 6 burgers and 9 cokes cost $33. What’s the price of a burger?

Math Finals HELPP
Jay has an online biology quiz due every 5 days and an online
math quiz due every 4 days. If both quizzes were due on June
6, when is the next day both quizzes will be due again?
JUNE
Sun
Mon
Tue
Wed
Thu
1
2
Fr Sat
3 4
10 11
17 18
8
9
5
12
7
14
13
15
16
23
19
21
24
20
27
25
22
29
26
28
30
A. June 13
B. June 16
c. June 26
D. June 29

How many different triangles ABC can be formed if C=60∘, c=17√3 and a=34?

hellllllllllllllllllllllllllp me plzzzzz

Please help me out quickly

A recipe for fruit punch requires 5 cups of pineapple juice and 8 cups of ginger ale. Find the amounts of pineapple juice and ginger ale that must be used to produce different amounts of this punch.

What is the solution to the inequality 14y−14≥14?

plz help asap i will do brainliest!!! A car takes 4 hours to reach a destination travelling at the speed of 63 km/h. How long will it take to cover the same distance if the car travells at the speed of 56 km/h? Do these quantities (time and speed) vary directly or inversely? Find the constant of variation.

generate a continuous and differentiable function f(x) with the following properties: f(x) is decreasing at x=−6 f(x) has a local minimum at x=−3 f(x) has a local maximum at x=3

Determine the value of x.
Question 8 options:


A)
2.2


B)
4.4


C)
2


D)
8.8

(x + 1)^2 -8 (x-1 +16)

GIVEAWAY TO GET 100 POINTS + BRIANLIEST IF YOU ANSWER WHATS 9+10 B)

Car dealership pays a wholesale price of $10,000 to purchase a vehicle if they mark up the price 20% what is the retail price of the car

If Moore Motors buys at cost a truck for $4,000 and plans to sell it for $6,000, the percent markup on cost is:​

Did the scale factor of 0.75 enlarge reduce or stay the same?

Could I get help with this?

Which set of number includes only intergers

McDonalds sold 7 boxes of chicken nuggets for $25.90 Burger King sold 3 boxes of chicken fingers for $11.07. Which food item has a higher unit price? (1 Point McDonalds O Burger King.
​

I need help ASAP I’ll mark you brainliest if you help pls

Surface area of 9cm, 10cm, and 15cm

No I never lied hahahah

Lauren broght cupcakes for class of 24 students including herself. Each person received 1 cupcakes. Cupcakes come in pack of 7

A bakery offers a sale price of $2.85 for 6 muffins. What is the price per dozen?

A carnival sold 450 tickets on Saturday. The ticket sales showed that 126 of the ticket sales were adult tickets. What percent of the tickets sold on Saturday were adult tickets?!PLEASE ANSWER!!!

what is the maximum number of cubes with side lengths of 1/2 cm that can fit into a right rectangular prism with base dimensions of 12 1/2 cm by 8 1/2cm and a height of 9 1/2cm?

solve the simultaneous equations
5x + 6y = 3
2x - 3y = 12

if the probability of picking a pink jelly bean out of a bag is 4/15, what is the probability of not picking a pink jelly bean

What is the value of b in the triangle shown below?
a.-4in
b.4in
c.+4in
d.no solution

Which one of these transformations move by sliding in any direction?
A.Translation
B.Rotation
C.Reflection
D.Dilation

I need help on this math question plis ​