हिंदी
तमिलनाडु बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य कक्षा १२

The marginal cost function of a commodity is given by MC = 140007x+4 and the fixed cost is ₹ 18,000. Find the total cost and average cost - Business Mathematics and Statistics

Advertisements
Advertisements

प्रश्न

The marginal cost function of a commodity is given by MC = `14000/sqrt(7x + 4)` and the fixed cost is ₹ 18,000. Find the total cost and average cost

योग
Advertisements

उत्तर

The marginal cost function of a commodity

Mc = `14000/sqrt(7x + 4)`

= `14000 (7x + 4)^((-1)/2)`

Fixed cost k = ₹ 18,000

Total cost function C = `int ("M.C")  "d"x`

= `int 14000 (7x + 4)^((-1)/2)  "d"x`

= `14000 [(7x + 4)^((-1)/2 + 1)/(((-1)/2 + 1) xx (7))] + "k"`

= `14000 [(7x + 4)^(1/2)/((7/2))] + 18000`

= `14000 xx 2/7 xx (sqrt(7x + 4)) + 18000`

∴ Total cost C = `4000 [sqrt(7x + 4)] +  18000`

Average cost A.C = `("C"(x))/x`

= `(4000[sqrt(7x + 4)] + 18000)/x`

A.C = `4000/x sqrt(7x + 4) + 18000/x`

shaalaa.com
Application of Integration in Economics and Commerce
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Integral Calculus – 2 - Exercise 3.2 [पृष्ठ ७३]

APPEARS IN

सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 3 Integral Calculus – 2
Exercise 3.2 | Q 17 | पृष्ठ ७३

संबंधित प्रश्न

Determine the cost of producing 200 air conditioners if the marginal cost (is per unit) is C'(x) = `x^2/200 + 4`


The demand equation for a products is x = `sqrt(100 - "p")` and the supply equation is x = `"P"/2 - 10`. Determine the consumer’s surplus and producer’s surplus, under market equilibrium


Find the consumer’s surplus and producer’s surplus for the demand function pd = 25 – 3x and supply function ps = 5 + 2x


Choose the correct alternative:

The demand and supply functions are given by D(x) = 16 – x2 and S(x) = 2x2 + 4 are under perfect competition, then the equilibrium price x is


Choose the correct alternative:

The marginal revenue and marginal cost functions of a company are MR = 30 – 6x and MC = – 24 + 3x where x is the product, then the profit function is


Choose the correct alternative:

The given demand and supply function are given by D(x) = 20 – 5x and S(x) = 4x + 8 if they are under perfect competition then the equilibrium demand is


Choose the correct alternative:

If the marginal revenue of a firm is constant, then the demand function is


A manufacture’s marginal revenue function is given by MR = 275 – x – 0.3x2. Find the increase in the manufactures total revenue if the production is increased from 10 to 20 units


The marginal cost of production of a firm is given by C'(x) = `20 + x/20` the marginal revenue is given by R’(x) = 30 and the fixed cost is ₹ 100. Find the profit function


The demand equation for a product is Pd = 20 – 5x and the supply equation is Ps = 4x + 8. Determine the consumers surplus and producer’s surplus under market equilibrium


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×