QMI1500-25-S2 Welcome Message Assessment 3
QUIZ
Question 20
Not yet answered
Marked out of 1.00
A manufacturer estimates that when q units of a certain commodity are produced, the total cost will be C(x) rand, where
q2
C(q) = + 80 000 − 104q.
25
Answer the following questions:
(i) Use marginal analysis to determine the production level at which the cost will be a minimum.
(ii) Determine the minimum cost.
Choose the correct option:
Select one:
a. (i) production level: 2 600 (ii) minimum cost: R80 000,00
b. (i) production level: 77 (ii) minimum cost: R72 229,16
c. (i) production level: 1 300 (ii) minimum cost: R12 400,00
d. (i) production level: 1 300 (ii) minimum cost: R208,00
Clear my choice
:
QUIZ
Question 20
Not yet answered
Marked out of 1.00
A manufacturer estimates that when q units of a certain commodity are produced, the total cost will be C(x) rand, where
q2
C(q) = + 80 000 − 104q.
25
Answer the following questions:
(i) Use marginal analysis to determine the production level at which the cost will be a minimum.
(ii) Determine the minimum cost.
Choose the correct option:
Select one:
a. (i) production level: 2 600 (ii) minimum cost: R80 000,00
b. (i) production level: 77 (ii) minimum cost: R72 229,16
c. (i) production level: 1 300 (ii) minimum cost: R12 400,00
d. (i) production level: 1 300 (ii) minimum cost: R208,00
Clear my choice
: