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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

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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

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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`

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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]

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

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