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Alex17521 [72]
3 years ago
7

Farmer Jack is a watermelon farmer. If Jack plants no seeds on his farm, he gets no harvest. If he plants 1 bag of seeds, he get

s 30 watermelons. If he plants 2 bags of seeds, he gets 50 watermelons. If he plants 3 bags of seeds he gets 60 watermelons. A bag of seeds costs $100, and the costs of seeds are his only costs. What is the shape of Farmer Jack's marginal cost curve?A. Constant.B. Upward sloping.C. Downward sloping.D. U-shaped.
Business
1 answer:
maxonik [38]3 years ago
4 0

Answer:

B. Upward sloping

Explanation:

Based on the information provided within the question it can be said that the shape of Farmer Jack's marginal cost curve is an upward-sloping curve. This is a type of demand curve that illustrates a direct relationship between price of a product and the quantity that is in demand. Meaning that the more demand that exists for Jack's watermelons the higher the price will be.

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lapo4ka [179]
The federal government is considered a bureaucracy primarily because it is a complex system of organisation which functions based on some specific established principles.
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3 years ago
If C(x) is the cost of producing x units of a commodity, then the average cost per unit is c(x) = C(x)/x. Consider the cost func
ANTONII [103]

Answer:

Following are the solution to the question:

Explanation:

Calculating the total cost:

C(x) = 2,000 + 140x + \frac{4x^3}{2}

Calculating the marginal cost:

M(x) = C'(x) = 140 + 6 \times \frac{1}{2}

Calculating the average cost:

A( x ) =\frac{ C( x )}{x} = 2,000x-1 + 140 + 4\times \frac{1}{2}

Calculating the marginal average cost:

m( x ) = A'( x ) = -2,000x-2 + 2x-\frac{1}{2}

In point  (a)

C( 1,000 )

              = 2,000 + 140( 1,000 ) + 4( 1,000)^{\frac{3}{2}}\\\\=  \$ \ 268,491.106  \\\\ = \$ \ 268,491.11

In point(b)

A( 1,000 )

               = 2,000( 1,000 )-1 + 140 + 4( 1,000 )^{\frac{1 }{2}}\\\\= \frac{\$ \ 268.491106} {unit}\\\\= \frac{\$ \ 268.49}{ unit}

In point (c)

M( 1,000)

              = 140 + 6( 1,000 )^{\frac{1}{2}}\\\\= \frac{\$ \ 329.73666}{unit}\\\\= \frac{ \$ \  329.74}{ unit}

In point (d)  

Calculating the average cost:

A'( x ) = m( x ) = -2,000x-2 + 2x- \frac{1}{2}\\\\A'( x ) = 0 = -2,000x-2 + 2x-\frac{1}{2}= 0\\\\multiply \ by \ 2\\\\\to -2,000 + 2 \times \frac{x^3}{2}= 0 \\\\\to 2\times \frac{x^3}{2} = 2,000 \\\\\to \frac{x^3}{2} = \frac{2,000}{2} \\\\ \to \frac{x^3}{2}= 1,000 \\\\\to x = ( 1,000 )^{\frac{2}{3}}\\\\ \to  100 \ units

In point (e)

A( 100 )

            = 2,000( 100 )-1 + 140 + 4( 100 )^{\frac{1}{2}}\\\\= \frac{ \$ \ 200}{unit}

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3 years ago
The settempvar action is in the ____ category of the action catalog.
suter [353]
The answer in the space provided that may complete the sentence is the database objects as this is where the settempvar actions falls under in which this is considered to be a category of the action catalog that is one of the actions used to implement or start a data.
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An individual retirement account, or IRA, earns tax-deferred interest and allows the owner to invest up to $5000 each year. Joe
gavmur [86]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Jill:

Weekly deposit= $96.15

The number of weeks= 30*52= 1,560

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Joe:

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Interest rate= 9.8%

To calculate the final value of Jill and Joe, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= weekly/annual deposit

<u>Jill:</u>

FV= {96.15* [(1.00189^1,560)-1]} / 0.00189

FV= $916,853.88

<u>Joe:</u>

FV= {5,000*[(1.098^30)-1]} / 0.098

FV= $791,953.50

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4 years ago
Is only fans worth paying for
Andreyy89

Answer:

Honestly it depends some people may say no.

Explanation:

3 0
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