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If total cost function is given by $C=a+bx+cx^2$,where x is the quantity of output.Show that : $\frac{d}{dx}(AC)=\frac{1}{x}(MC-AC),$where $MC$ is the marginal cost and $AC$ is the average cost.
This question has multiple parts. Therefore each part has been answered as a separate question on Clay6.com
isc
class12
modelpaper
2012
sec-c
q14
q14-b
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Apr 10, 2013
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sreemathi.v
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Given that the total cost function for x units of a commodity is : $C(x)=\large \frac{x^3}{3}\normalsize +3x^2-7x+16$
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Apr 11, 2013
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The cost of manufacturing of certain items consists of Rs. 1600 as overheads,Rs. 30 per item as the cost of the material and the labour cost $Rs. \large\frac{x^2}{100}$ for x items produced.How many items must be produced to have a minimum average cost?
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The fixed cost of a new product is Rs.18,000 and the variable cost is Rs.550 per unit.If the demand function $p(x)=4000-150x$,find break even points.
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A company is selling a certain product.The demand function of the product is linear.The company can sell 2000 units when the price is Rs.8 per unit and when the price is Rs.4 per unit,it can sell 3000 units,Determine :
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Apr 18, 2013
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