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amm1812
3 years ago
15

The marginal cost of a product can be thought of as the cost of producing one additional unit of output. For​ example, if the ma

rginal cost of producing the fiftieth product is​ $6.30, then it cost​ $6.30 to increase production from 49 to 50 units of output. Suppose that the marginal cost C​ (in dollars) to produce x digital cameras is given by Upper C (x )equals 0.03 x squared minus 3 x plus 240C(x)=0.03x2−3x+240. How many digital cameras should be produced to minimize marginal​ cost? What is the minimum marginal​ cost?
Business
1 answer:
jek_recluse [69]3 years ago
4 0

Answer:

Check the explanation

Explanation:

C(x) = 0.06x^2 - 6x + 218

Its a quadratic function , minima would occur at vertex.

x is no. of digital cameras

x = -b/2a = -(-6/2*0.06) = 50 cameras

Minimum marginal cost : C(50) = 0.06(50)^2 - 6*50 + 218 = $ 68

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There were initially two satellite radio providers in the U.S. market, Sirius and XM Radio. The firms merged to form one firm, a
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Answer: a. The merged firm will operate at higher capacity and may be able to reduce costs through economies of scale and perhaps learning-by-doing, which will benefit U.S. consumers.

Explanation:

A merger occurs when two companies comes together and becomes one. This is done in order to expand the recah of a company, gain a market share, and also expand into new segments.

The plausible reasons for the limited impact of the merger will be because the merger will lead to the operation at a higher capacity which will ensure that there's cost reduction through economies of scale which will be beneficial to the consumers.

7 0
3 years ago
Assume that a company sells customized sweatshirts for $15 per unit. It pays a sales commission of $5 per unit sold. The company
Annette [7]

Answer:

The  The number of sweatshirts the company would need to sell to earn a target profit of $1,710 is closest to <u>570</u> sweatshirts.

Explanation:

This can be calculated as follows:

Selling price per unit = $15

Total cost price per unit = Average unit cost + Sales commission per unit = $7 + $5 = $12

Profit per unit = Selling price per unit - Total cost price per unit = $15 - $12 = $3

Target profit = $1,710

Number of sweatshirts to sell to earn a target profit = Target profit / Profit per unit = $1,710 / 3 = 570

5 0
3 years ago
When you purchase an item in a store, you may be charged __________.
Bess [88]
<span>When buying any item in most stores, you are charged sales tax. Retailers, even smaller businesses are charged taxes for running their business. Businesses are able to pass on part of the burden to their paying customers in way of sales tax. So when you see an item marked as 99 cents, you will be paying slightly more than a dollar in almost all cases.</span>
5 0
3 years ago
Read 2 more answers
On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight
Darya [45]

Answer: c. $94,240

Explanation:

On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.

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= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.

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5 0
3 years ago
Barbara buys the same market basket each week and spends $60 on it. This week Barbara brought $60 to the store but could not buy
Arisa [49]

Answer:

there was inflation

Explanation:

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When there is inflation, the price of goods in the market increases.

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4 0
3 years ago
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