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The marginal cost function of manufactur...

The marginal cost function of manufacturing x units of a product is given by `MC = 3x^(2) - 10x +3`, then the total cost for producing one unit of the product is Rs. 7. Find the total cost function.

A

0

B

7

C

8

D

None of these

Text Solution

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The correct Answer is:
B
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Knowledge Check

  • If the marginal cost function a product is given by MC=10-4x+3x^(2) and fixed cost is Rs 500, then the cost function is

    A
    `10x-2x^(2)+x^(3)`
    B
    `500+10x-2x^(2)+x^(3)`
    C
    `-4+6x`
    D
    `500+10-8x^(2)+9x^(3)`

  • If the total cost function of producing x units of a commodity is given by 360 – 12x +2x^(2) , then the level of output at which the total cost is minimum is

    A
    24
    B
    12
    C
    6
    D
    3

  • If the total cost function for a production of x units of a commodity is given by 3/4x^(2)–7x+27 , then the number of units produced for which MC = AC is

    A
    4
    B
    6
    C
    9
    D
    36

    • Similar Questions

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    The marginal cost of a product is given by MC = (14000)/(sqrt(7x+ 4)) and the fixed cost is 18000. Find the total cost and the average cost of producing 3 units of output.

    The total variable cost of manufacturing x units in a firm is Rs (3x + (x^(5))/(25)) . Find the average variable cost.

    If the total cost of producing x units of a commodity is given by C(x)=(1)/(3)x^(2)+x^(2)-15x+300 , then the marginal cost when x=5 is

    If C(x)=3x ((x+7)/(x+5))+5 is the total cost of production of x units a certain product, then then marginal cost

    The average cost function associated with producing and marketing x units of an item is given by AC = 3x - 11+ (10)/(x) . Then MC at x = 2 is

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