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The total cost of manufacturing x articles C = 47x + 300x2 – x4 . Find x, for which average cost is decreasing - Mathematics and Statistics

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प्रश्न

The total cost of manufacturing x articles C = 47x + 300x2 – x4 . Find x, for which average cost is decreasing

योग

उत्तर

Given, total cost function is

C = 47x + 300x2 – x4 

Average cost CA = `"C"/"A"`

∴ CA = `(47 x + 300x^2 - x^4)/x`

= `(x(47 + 300x - x^3))/x`

∴ CA = 47 + 300x – x3

∴ `"dC"_"A"/"dx"` = 0 + 300x – 3x3

= 300x – 3x3

= 3(100 – x2)

Since average cost CA is a decreasing function `"dC"_"A"/"dx" < 0`

∴ 3(100 – x2) < 0

∴ 100 – x< 0

∴ 100 < x2 

∴ x2 > 100

∴ x > 10 or x < – 10

But x < – 10 is not possible    .....[∵ x > 0]

∴  x > 10   

∴ The average cost CA is decreasing for x > 10.

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Application of Derivatives to Economics
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अध्याय 1.4: Applications of Derivatives - Q.4

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बालभारती Mathematics and Statistics 1 (Commerce) [English] 12 Standard HSC Maharashtra State Board
अध्याय 4 Applications of Derivatives
Exercise 4.4 | Q 6.2 | पृष्ठ ११२

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Fill in the blank:

A road of 108 m length is bent to form a rectangle. If the area of the rectangle is maximum, then its dimensions are _______.


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The manufacturing company produces x items at the total cost of ₹ 180 + 4x. The demand function for this product is P = (240 − 𝑥). Find x for which profit is increasing


A manufacturing company produces x items at a total cost of ₹ 40 + 2x. Their price per item is given as p = 120 – x. Find the value of x for which revenue is increasing

Solution: Total cost C = 40 + 2x and Price p = 120 – x

Revenue R = `square`

Differentiating w.r.t. x,

∴ `("dR")/("d"x) = square`

Since Revenue is increasing,

∴ `("dR")/("d"x)` > 0

∴ Revenue is increasing for `square`


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Profit π = R – C

∴ π = `square`

Differentiating w.r.t. x,

`("d"pi)/("d"x)` = `square`

Since Profit is increasing,

`("d"pi)/("d"x)` > 0

∴ Profit is increasing for `square`


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If profit is increasing , then `(dpi)/(dQ) >0`

∴ `Q < square` 

Hence, profit is increasing for `Q < square` 


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