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DSC1520 ASSIGNMENT 3 2024

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QUESTIONS AND ANSWERS FOR DSC1520 ASSIGNMENT 3 2024

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University Of South Africa (Unisa)
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Dsc1520 (DSC1520)








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March 23, 2024
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  • dsc1520 assignment 3 2024

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DSC1520-24-S1  Welcome Message  Assessment 3

QUIZ




Question 1

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Suppose the total cost (in rand) of manufacturing grass brooms is

2
T C = 10u − 4u + 14




where u is the number of grass brooms manufactured. What is the marginal cost if 100 brooms are manufactured?




a. 99 614


b. 1 996


c. 996


d. 5



Clear my choice




Question 2
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The demand function of a firm is

Q = 150 − 0, 5P ,



where Q and P represent the quantity and price respectively. At what value of P is the marginal revenue equal to zero?




a. 0


b. 113


c. 150


d. 75



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