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Mathematics 11 Online
OpenStudy (anonymous):

a manufacture determined a marginal cost function dc/dq below, where q is the number of units produced.If the marginal cost is $87.50 when q is 50 units and the fixed costs are $7000,what is the average cost of producing 500 units. dc/dq= 0.015q^2-0.6q+80

OpenStudy (goformit100):

Miss Shreeya( @shreeya13 ) A warm Welcome to OpenStudy. I can help guide you through this useful site. You can ask your questions to me or you can message me. Please use the chat for off topic questions. Remember to give the person who helped you a medal by clicking on "Best Answer". We follow a code of conduct, ( http://openstudy.com/code-of-conduct ). Please take a moment to read it. Yours faithfully, Ravi Raj Sharma( @goformit100 )

OpenStudy (anonymous):

yes sure

OpenStudy (anonymous):

can you help me with this problem

OpenStudy (anonymous):

so you have a answer?

OpenStudy (anonymous):

right @shreeya13

OpenStudy (anonymous):

no

OpenStudy (anonymous):

i want the solution

OpenStudy (anonymous):

can you help me with this?

OpenStudy (anonymous):

i can but that dc/dq in the end of question is the answer?

OpenStudy (anonymous):

no it is marginal cost fuction

OpenStudy (anonymous):

about which we talked in first line that is given

OpenStudy (anonymous):

ok lemme see

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

i got it.....dc/dq= eqn in q integrate wrt q of eqn in q you know that its a indefinite integraion you'll get a Constant as c you have to find c by putting q=50 then you'll get c..put that in that eqn and add 7000 then put q=500

OpenStudy (anonymous):

any idea what i said?

OpenStudy (anonymous):

@shreeya13

OpenStudy (anonymous):

yes

OpenStudy (anonymous):

thanx

OpenStudy (anonymous):

wait let me try

OpenStudy (anonymous):

try to ignore the first message!!! :P

OpenStudy (anonymous):

it is giving the constant in negative

OpenStudy (anonymous):

wait...lemme see

OpenStudy (anonymous):

wait...whats the prob in negative cons?

OpenStudy (anonymous):

ok

OpenStudy (anonymous):

3093212.5 is this the answer ?

OpenStudy (anonymous):

i dint solved that...

OpenStudy (anonymous):

so do u want me to solve?

OpenStudy (anonymous):

yes please :)

OpenStudy (anonymous):

i got 589812.5

OpenStudy (anonymous):

what is your constant value

OpenStudy (anonymous):

-187.5

OpenStudy (anonymous):

i think :D

OpenStudy (anonymous):

i m getting 3787.5 as when q=50 then marginal cost is 87.50

OpenStudy (anonymous):

are you sure with your integration part?

OpenStudy (anonymous):

yes

OpenStudy (anonymous):

its 0.005q^3-0.3q^2+80q+constant

OpenStudy (anonymous):

i got the same....maybe i got my calc wrong!! :D

OpenStudy (anonymous):

ok i got the answer 593212.8

OpenStudy (anonymous):

so ur answer is right!!! :P

OpenStudy (anonymous):

thanx a lot for your help :)

OpenStudy (anonymous):

no prob (:

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