Calculus - Marginal cost

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  1. MySecretMathTutor
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Комментарии
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You pretty much saved my exam. Thank you so much

timothygouskov
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But how do they come up wit the original formula in the first place?

seanpiacente
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kindly solve this question?

Surgicon Pvt. Ltd is one of the leading surgical companies that manufactures fine quality
of surgical instruments and accessories in Pakistan and operates in the highly competitive
surgical instrument industry. Suppose Price for its surgical scissors is stable at Rs.70
each. This means that price (P) = Marginal revenue (MR) = 70 in this market.
Engineering estimates indicate that relevant total cost function for the surgical instrument
is given as:
TC = 80, 000 + 10Q + 0.003Q2
REQUIREMENTS:
Keeping in view the above information and by using Formulas and Stepwise
Procedure:
A. Find marginal cost (MC) function
B. Find average cost (AC) function
C. Calculate the output level (Q) that will maximize profit of the company
D. Calculate maximum Profit of the company

abbasrasheed
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My professor sucks so I'm hear learning all the lessons before she even teaches them to avoid failing precalc again

skeetsmcgee
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Can someone please explain to me how where does 1100+140x+0.2x² come from and what does it stands for one by one?

MarkNicolasGalan
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I know this is basic stuff but looking to double check I am doing marginal cost when there are two Different companies in one cost function. I appreciate the post though

ABlueberryMuffin
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Thankyou dude!!! re learning this stuff when university doesn't help you revisit it is a bitch. Thankyou.

LAFO-esxt
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What happens if cost per unit is constant?

ernestjohngonzales
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is the marginal cost the slope of the tangent or of the secant ?

fatimapacheco
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0.4x doesn't make sense. I had a similar problem on hw and tried it and your way didn't work. shouldn't it be 100^2?

jtylerw
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The cost function of two electricity generation units g1 and g2 are given as follows (measured in Rs/ hour):

c1(q1)=0.2q21+2q1+15
c2(q2)=0.4q22+10q2+25

Where q1 and q2 respectively denote the electricity produced by generation units g1 and g2 (in MW). If total demand to be met is D = q1+ q2= 200 MW. Find out the values of the followings under optimum load dispatch.
Please tell me how to solve this.

superprabal
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what about two variables?P(L, K), reduction of L and increment of K

soldadopreciso
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why you got 98$ and 97'5$? it is not the same... is it normal?

jorgepellegrini