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4 views5 pagesCost to Produce 5 Units in Pesos
The document presents a series of exercises related to calculating income, cost, and marginal utility functions based on total income and cost functions. It asks to determine these marginal functions, as well as to perform calculations and approximations using these functions for different values of production/sales of units.
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0% found this document useful (0 votes)
4 views5 pagesCost to Produce 5 Units in Pesos
The document presents a series of exercises related to calculating income, cost, and marginal utility functions based on total income and cost functions. It asks to determine these marginal functions, as well as to perform calculations and approximations using these functions for different values of production/sales of units.
Translated by
ScribdTranslationsCopyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
1) In a factory, it was determined that the income is given by I(x) = 2,300x – 0.
8x2
pesos, when units of a certain item are sold per month. Currently, it
They produce 175 units and plan to increase production by 1 unit.
a) What is the marginal income from producing unit 176?
b) What additional real income will the sale of unit 176 generate?
c)Calculate the relative error produced by the approximation given by the
marginal income.
The income of a small business is given by I(x) = 4,400x + 24x² + 920
pesos, when x units are produced monthly. At this time,
185 units and an increase in production of 1 unit is projected.
a) Calculate the marginal revenue function.
b) Use the marginal revenue function to determine the revenue that is
will obtain by selling unit 186.
c) Find the real income that will be obtained from the sale of unit 186.
d)Calculate the relative error when approximating the marginal income
2
3) The total income of a small shelf factory is given by I(x)=480x–0.1x
pesos, when they produce x units during a month.
Currently, 160 units are produced per month and an increase is planned.
monthly production in 1 unit. Calculate, using marginal analysis, the
additional income generated by the production and sale of unit 161.
4) In the sound items department of a store, the income
The total for the recorders sold monthly is I(x) = -0.04x2+ 500x
pesos, where x is the number of recorders sold. Currently, 1 is sold.
999 units and it is planned to increase production and sales by 1 unit each
week.
a) Calculate the marginal revenue function.
b) Use the marginal income function to determine the income obtained from the
sale of the unit 2,000.
c) Find the real income from the sale of unit 2000.
d) Calculate the absolute and relative error that occurs with the given approximation.
for the marginal income.
5) If the total income function of a company is given by I(x) = 15x - 0.01x^2
pesos, where x is the number of items sold.
a)Determina el ingreso marginal enx =200,x =500,x =750,x =950 y x =1
350.
b) Analyze the results of the marginal income found earlier.
In exercises 6 to 8, given the demand equation:
a) Determine the marginal revenue function.
b) Use the marginal revenue function to calculate the revenue obtained from the sale.
from the indicated unit.
c) Calculate the real income obtained from the sale of the specified unit.
Where do you send the number of units and price:
6) The demand equation is x + 25p = 1,600 at unit 65.
7) The demand equation is 200p - 2000 + x = 0 at unit 300.
8) The demand equation is x + 70p = 1,400 in unit 6.
9) The promotion and development department of a company of products for the
home develops a marketing program for refrigerators, and it
determined that their demand is for:
p = -0.05x + 900 0 < x < 20,000
where it denotes the unit price of the refrigerator in pesos and the quantity of
demand.
a) What is the income function?
b) What is the marginal revenue function?
c) Calculate the marginal income when x = 7,500.
The relationship between the unit price in pesos and the quantity of demand x
the Samsung televisions are given by the equation:
p = 0.03x + 380 0 < x < 20,000
a) Determine the income function.
b) Determine the marginal revenue function.
c) Use the marginal revenue function to calculate the revenue obtained.
d) from the sale of unit 8 001.
e) Analyze the real income obtained from the sale of unit 8 001.
11) Calculate the marginal cost function of the following cost functions:
a)C(x) = x3-2x2+ 400x + 2,000
b)
320 + 20x2
c) C(x) = 0.006x3-0.2x2+ 35x + 3 500
d) C(x) = 0.1x3-0.5x2+ 500x + 200
In a factory it was determined that when a certain number of a certain item is produced,
The total cost is C(x) = x² + 6x + 128 pesos.
a) Calculate the marginal cost function.
b) Use the marginal cost function to calculate the cost of manufacturing
c) the fourth unit.
d) What is the actual cost of producing the fourth unit?
e) Determine the absolute and relative error in the approximation.
f) at the total cost.
13) The total cost, in pesos, of monthly manufacturing of tape recorders in a
Company, is given by C(x) = 18,000 + 480x + 25x2
a) Calculate the marginal cost function.
b) Use the marginal cost function to calculate the cost of producing the unit.
101.
c) What is the actual cost of manufacturing unit 101?
d) Determine the absolute and relative errors that are made in the
e) approximation that gives the marginal cost.
A toy parts factory estimates that the total cost, in pesos, of
The cost of producing x units of a prototype is given by C(x) = 0.001x.2+ 0.06x + 400.
a) Calculate the marginal cost function.
b) Use the marginal cost function to calculate the cost of manufacturing
c) 250, 400, 800 and 1,200 units.
d) Calculate the absolute and relative error made in the approximation.
e) that gives the marginal cost of unit 1 200.
15) Calculate the average marginal cost of the following total cost functions:
0.0004x2+ 0.06x + 1 200
b)C(x) = 0.0003x2+ 8.5x + 8 400
C(x) = 2,500 + 130x + 0.001x3
16) The determined article yp(x) is the price per unit at which the x will be sold.
units. Determine the marginal utility function.
a) C(x) = 0.4x2+ 8x + 114p(x) = 0.25(26 - x)
b) C(x) = 0.2x2+ 6x + 230p(x) = 0.4(90 - x)
17) A cable television company, after a study of its profits, has
determined that the relationship that describes its annual utility U(x) (in pesos) in
the function of the monthly rent fee (in pesos) is as follows:
-60,000x2+ 2 500 000x - 6 000 000
a) Calculate the marginal utility function.
b) Use the marginal utility function to calculate the approximate utility
when the rent is $10.
18) In a company there is an estimate that producing x units of
1 2
for the given article, the total cost is given by C(x)= x 8x 320 pesos. The
5
price per unit in thousands of pesos depends on the number of units produced
1
and is given by the function p(x) (x) = (150 x)
2
a) Calculate the marginal utility function.
b) Use the marginal utility function to calculate the approximate utility.
after producing and selling unit 15.
A real estate agency has three-bedroom apartments for rent.
The monthly profit (in pesos) obtained from the rental of apartments is:
-10x2+ 2 600x–60 000
a) Calculate the marginal utility when the first 50 have been rented.
departments.
b) What is the actual utility obtained by renting apartment 51?
20) The cost of producing x units of a certain product is given by:
C(x) = 5,000,000 + 300x + 0.01x2where C(x) is the total cost expressed in
pesos.
a) Calculate the marginal cost function.
b) Use the marginal cost function to calculate the cost of producing the seventh.
unity.
c) What is the real cost of producing the seventh unit?
A cable television company estimates that a relationship that describes the
annual utility U(x) in pesos as a function of the rent rate in pesos is the
next:
U(x) = -60.000x2+ 2. 500.000x–600.000
a) Calculate the marginal utility function.
b) Use the marginal utility function to calculate utility
approximate rent of 5 pesos.
In a compact disc factory, it was determined that the weekly demand is
given by the following demand equation:
p = -0.06x + 900 0<x <15,000
Where p denotes the wholesale unit price in pesos, and x the quantity.
claimed.
The total weekly cost function related to the manufacturing of these discs
compact is:
C(x) = 90,000 + 600x - 0.012x2+ 0.000009x3pesos
a) Calculate the revenue function and the utility function.
b) Determine the functions of revenue, cost, and marginal utility.
c) Evaluate the functions found in b) when x = 1000.
A manufacturer estimates that when x units of a certain item are produced,
1 2
the total cost in thousands of pesos is given by C(x)= x 12x 800 , and that the
2
price per unit in thousands of pesos depends on the number of units produced,
which is given by the function p(x) = 0.25(120–x), the price at which they will be sold
x units. Use the marginal utility function to calculate the utility of
produce the third unit.
24) Calculate the marginal utility function with the total cost functions and the
total income functions given, respectively:
The cost function is C(x) = 90x + 0.02x2-320 and the income function is I(x) = 180x - 0.04x2
The cost function is C(x) = 100 - 35x + 0.2x2+ 0.002x3and the income is