The cost function of a firm is given by C(x)=300x-10x2+x3/3.Calculate the minimum marginal cost .
100
150
180
200
The cost function of a firm is given by C=2x2-4x+5.Find the average cost at x=2?
5/2
3/2
0
1/2
The fixed cost of a new product is Rs.30,000 and the variable cost is 800.If the demand function is p(x) =4500-100 x ,find the Break even values ?
x=12,25
x=13,26
x=16,25
x=18,28
If C =ax2+bx+c represents the total cost function ,then the slope of two average cost function is
2ax+b
ax+b+c/x
a-c/x2
None of these
The cost function C(x) of a firm is given by C(x) =3x2-6x+5 .Find the average cost at x=2?
1.5
2.5
3.5
4.5
The fixed cost of a new product is Rs.35,000 and variable cost per unit is Rs.500.Demand function P(x)=5000-100x,find the break - even values
10,15
10,25
10,20
10,35
A company produced get pens with a production cost of Rs.15 per pen and plus a fixed daily over head cost of Rs.900.The pens are sold x units per day at a cost of Rs-20 per pen.then profit function is
5x-900
900x-5
20x-900
15x+900
The ________ is said to represent the functional relationship between demand and price of a commodity
Cost function
Demand function
Supply function
_______ is the amount of money received from the sales of goods
Cost
Profit
Demand
Revenue
The total cost C(x) associated with production and marketing of x units of an item is given by C(x) =0.005 x3-0.02x2+30x+500.Then the average cost of output of 10 units is
80
80.1
80.2
80.3
