Question
In: Math
The cost, in thousands of dollars, of airing x television commercials during a sports event is...
The cost, in thousands of dollars, of airing x television commercials during a sports event is given by
C(x) = 20 + 5,000x + 0.05x2.
(a) Find the marginal cost function
Use it to estimate how fast the cost is increasing when x=4 ............. thousand dollars
Compare this with the exact cost of airing the fifth commercial.
The cost is going up at the rate of $ per television commercial. The exact cost of airing the fifth commercial is $ . Thus, there is a difference of $ .
(b) Find the average cost function C, and evaluate C(4).
What does the answer tell you?
The average cost of airing the first four commercials is $ per commercial.
Solutions
milcah answered 2 years agoRelated Solutions
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148
203
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What is the value of the...
In a test of the quality of two television commercials, each commercial was shown in a...
In a test of the quality of two television commercials, each
commercial was shown in a separate test area six times over a
one-week period. The following week a telephone survey was
conducted to identify individuals who had seen the commercials.
Those individuals were asked to state the primary message in the
commercials. The following results were recorded.
Commercial A
Commercial B
Number Who Saw Commercial
148
203
Number Who Recalled Message
62
62
1. What is the value of...
In a test of the quality of two television commercials, each commercial was shown in a...
In a test of the quality of two television commercials, each
commercial was shown in a separate test area six times over a
one-week period. The following week a telephone survey was
conducted to identify individuals who had seen the commercials.
Those individuals were asked to state the primary message in the
commercials. The following results were recorded.
Commercial A
Commercial B
Number Who Saw Commercial
145
195
Number Who Recalled Message
61
57
Use = .05 and test the hypothesis...
In a test of the quality of two television commercials, each commercial was shown in a...
In a test of the quality of two television commercials, each
commercial was shown in a separate test area six times over a
one-week period. The following week a telephone survey was
conducted to identify individuals who had seen the commercials.
Those individuals were asked to state the primary message in the
commercials. The following results were recorded.
Commercial A Commercial B
Number who saw the commercial: 155 Number who saw the
commercial: 204
Number who recalled the message: 64...
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b) What is the maximum profit?
2)Suppose that the cost function for a product is given by
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Find the production level (i.e., value of x) that will produce
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a)The...
Let x be per capita income in thousands of dollars. Let y be the number of...
Let x be per capita income in thousands of dollars. Let y be the
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(b) Verify the given sums Σx, Σy,...
Let x be per capita income in thousands of dollars. Let y be the number of...
Let x be per capita income in thousands of dollars. Let
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x
9.0
9.4
10.2
8.0
8.3
8.7
y
9.5
18.0
21.2
10.2
11.4
13.1
Complete parts (a) through (e), given Σx = 53.6,
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r ≈ 0.864.
(b) Verify the given sums Σx, Σy,...
The total revenue, in thousands of dollars, from the sale of x spas and y solar...
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find the number of each that should be sold to procude maximum
revenue. Find the maximum revenue.
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