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
If you were interested in looking at the difference between commercials shown during daytime television (7am-5pm)...
If
you were interested in looking at the difference between
commercials shown during daytime television (7am-5pm) and primetime
television (6pm-11pm), what do you think you would find? Why do you
think commercial content is different during these two times? If
you wanted to test your hypotheses, what would your unit of
analysis be? What would your units of observation be?
Feminized faces in TV commercials. Television commercials most often employ females or “feminized” males to pitch...
Feminized faces in TV commercials. Television commercials most
often employ females or “feminized” males to pitch a company’s
product. Research published in Nature (August 27 1998) revealed
that people are, in fact, more attracted to “feminized” faces,
regardless of gender. In one experiment, 50 human subjects viewed
both a Japanese female face and a Caucasian male face on a
computer. Using special computer graphics, each subject could morph
the faces (by making them more feminine or more masculine) until
they...
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
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...
1)The total profit P(x) (in thousands of dollars) from a sale of x thousand units of...
1)The total profit P(x) (in thousands of dollars) from a sale
of x thousand units of a new product is given by
P(x)= ln (-x3+9x2+48x+1) (0≤x≤10).
a) Find the number of units that should be sold in order to
maximize the total profit.
b) What is the maximum profit?
2)Suppose that the cost function for a product is given by
C(x)=0.003x3+9x+9,610.
Find the production level (i.e., value of x) that will produce
the minimum average cost per unit C(x).
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
number of medical doctors per 10,000 residents. Six small cities in
Oregon gave the following information about x and y. x 8.6 9.7 10.3
8.0 8.3 8.7 y 9.7 19.0 22.0 10.2 11.4 13.1 Complete parts (a)
through (e), given Σx = 53.6, Σy = 85.4, Σx2 = 482.72, Σy2 =
1344.7, Σxy = 784.51, and r ≈ 0.963.
(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
y be the number of medical doctors per 10,000 residents.
Six small cities in Oregon gave the following information about
x and y.
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,
Σy = 83.4, Σx2 = 481.98,
Σy2 = 1269.3, Σxy = 761.13, and
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...
The total revenue, in thousands of dollars, from the sale of x
spas and y solar heaters is approximated by R(x,y)=
12+74x+85y-3x^2-5y^2-5xy.
find the number of each that should be sold to procude maximum
revenue. Find the maximum revenue.
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- You must evaluate a proposal to buy a new milling machine. The base price is $175,000,...
- “Triangle Guessing” game in Python The program accepts the lengths of three (3) sides of a...
- THIS PROGRAM HAS TO BE WRITTEN IN C Single function to perform the parity computation on...
- Consider a buffer system consisting of Benzoic acid (pKa = 4.20) and sodium benzoate, a) Would...
- Decision Variables S T Minimize 1.8S + 2.20T Subject to: Potassium 5S + 8T >= 200...
- A neurologist needs to counsel a stroke victim and her husband about possible outcomes, treatment options,...
- Case Study: Personal Beliefs in the Workplace Don Shakow was a prominent professional who worked in...
ADVERTISEMENT