Advertisements
Advertisements
प्रश्न
For the cost function C = 2000 + 1800x - 75x2 + x3 find when the total cost (C) is increasing and when it is decreasing.
Advertisements
उत्तर
Given = 2000 + 1800x - 75x2 + x3
Differentiating with respect to 'x' we get,
`"dC"/"dx" = 1800 - 150x + 3x^2`
`"dC"/"dx"` = 0
⇒ 1800 - 150x + 3x2 = 0
⇒ 3(x2 - 50x + 600) = 0
⇒ x2 - 50x + 600 = 0 ...(Divided by 3)
⇒ (x - 30)(x - 20) = 0 ....`{(600 = -30 xx -20),(- 50 = -30 -20):},`
⇒ x = 30, 20

The possible intervals are (0, 20) (20, 30) and (30, ∞)
| Intervals | Sign of `"dC"/"dx"` | Nature of Function |
| (0, 20) say x = 10 |
1800 - 150(10) + 3(10)2 = 600 (Positive) |
Increasing |
| (20, 30) say x = 25 |
1800 - 150(25) + 3(25)2 = - 75 (Negative) |
Decreasing |
| (30, ∞) say x = 40 |
1800 - 150(40) + 3(40)2 = 600 (Positive) |
Increasing |
Hence, total cost is increasing in (0, 20) and (30, ∞) and decreasing in (20, 30).
APPEARS IN
संबंधित प्रश्न
The expenditure Ec of a person with income I is given by Ec = (0.000035) I2 + (0.045) I. Find marginal propensity to consume (MPC) and marginal propensity to save (MPS) when I = 5000. Also find A (average) PC and A (average)
PS.
A firm wants to maximize its profit. The total cost function is C = 370Q + 550 and revenue is R = 730Q-3Q2. Find the output for which profit is maximum and also find the profit amount at this output.
In a firm the cost function for output x is given as C = `"x"^3/3 - 20"x"^2 + 70 "x"`. Find the 3 output for which marginal cost (Cm) is minimum.
A manufacturer can sell x items at a price of ₹ (280 - x) each .The cost of producing items is ₹ (x2 + 40x + 35) Find the number of items to be sold so that the manufacturer can make maximum profit.
Cost of assembling x wallclocks is `( x^3/3 - 40x^2)` and labour charges are 500x. Find the number of wall clocks to be manufactured for which average cost and marginal cost attain their respective minimum.
The average cost function associated with producing and marketing x units of an item is given by AC = 2x – 11 + `50/x`. Find the range of values of the output x, for which AC is increasing.
A monopolist has a demand curve x = 106 – 2p and average cost curve AC = 5 + `x/50`, where p is the price per unit output and x is the number of units of output. If the total revenue is R = px, determine the most profitable output and the maximum profit.
Find the local minimum and local maximum of y = 2x3 – 3x2 – 36x + 10.
The total revenue function for a commodity is R `= 15x + x^2/3 - 1/36 x^4`. Show that at the highest point average revenue is equal to the marginal revenue.
If f(x, y) is a homogeneous function of degree n, then `x (del "f")/(del x) + "y" (del "f")/(del y)` is equal to:
