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Section 26 B

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Section 26 B

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EXERCISE 26 (b)

x units of commodity.
IFnd (a) the average cost and (b) the marginal cost given that for
(i) C(r)=r+3r-16x +2:
0C(a)= ;r+r
3
-&r +5; 3

li) C(x)= -r+3r-7r+ 16.


() If he total cost function for amanufacturer is given by C= + 5000, find the
marginal cost function. Vr+3
lü) The cost of producingx units of a product is given byC= 7r + 130, show that the
marginal cost is always constant.
Ch 26-18 SC MathematicsXU
3. (i) The cost function C(x) of afunction is given by C(r) =2r- 4r - 5, Findthe
cost, and the manginal cost when ()x= 10 (in when r = 2. averag:
() The cost function of afim is given by C=.- 4r-r+70. Findthe average cost and the
marginal cost, when r = 3.
(ii) The cost function of afirm is given by C= 3r-2r +3. Find ()tthe average cost ani
(i) the marginal cost when x=3.
The total cost C(x), associated with production and making of xunits of an item is
by gven
Ca) = 0.005x -0.02r-30x + 5000: find
() the average cost function, (ü) the average cost of output of 10 units
(ii) the marginal cost function, and (n) the marginal cost when 3 units ae
produced
(CBSE 2007)
5. () Ifa manufacturer's total cost function C is given by C= +2x, find (a)
25 the average
cost function, (b) the marginal cost function, and (c) the marginal cost when Suri
are produced. Also, interpret the result.

(i) The average cost function for a product is given by AC = 0.0002r - 0.05r -
8000
where xis the output. Findthe marginal cost function. Whattisthe
marg1nal
cost when 100 units are produced? Interpret your resut.
6. () The total cost function for a production and marketing activity is given hy
3
Cx) = -x-7x+ 27. Find the level of output (number of units produced) for which
4
MC = AC.
(ISC 2019)
(ii) IfC(x) -0.05x -0.2x-5, find the level of output x for which the average cost function
AC becones equal to the marginal cost.
7. The total cost function is given by C=x+ 2r- 3.5x*, find the marginal average cost
function (MAC). Also, find the points where the MC curve cuts the x-axis and s-axis.
d
8. Verify that (AC) = -(MC - AC), given that
dx
() C=3- 2x +5x (ii) C= a+ bx t cr (ISC 2012) (i) Ca)=a+hiad
9. The average cost of producing x units of acommodity is given by the equatioa
5000
AC = -30+ Find the marginal cost (MC) function and verifv that
200 50
dAC MC - AC
dx

10. If C = 2x +6 is the total cost of production ofx units of a certain product, show
that the marginal cost falls continuously as the output x increases.
of Calculus in Commerce and Economics Ch 26-19
Application

forthe cost functions C(x) = ax *+b +d, a, b, c, d>0. b> c that the average
Verify X+c
|1.
fall continuously
marginal cost curves fall with increasing output.
and
average cost function50 associated with producing and marketingx units of an item is
12, The
AC=2 -11+ Find the total cost function and marginal cost function. Also,
givenby.
rangeofithe output for which AC is (JSC 2018)
findthe increasing.
cost function for x units is given by C(*) = J6x+ 5 +2500. Show that the
13.
Thetotal
as the output x increases.
marginal cost decreases
ANSWERS
à MC=t2r-8, AC= ;x+r-8+ 2 (ii) MC=x*+6x-16, AC= +3r- 16+ 2

AC= +3x-7+ 16 5x (x+ 6)


(i) MC=x+ 6x7, 3 2. (i) MC =
(x +3)/2
AC==16.5, MC=36 when x= 10, AC= , MC =4 when x =2
3. () 2
() AC= 344, MC =23 (ii) (a) 8 (b) 16
+ 5000
4. () AC=0.005x -0.02x + 30 (ii) 530.3
(i) MC= 0.015x-0.04x+ 30 (iv) ? 30.015
s (6) MC=0.0008x-0. 10x+7, MC=797. This shows that for an increase in production by I unit
from 100 to 101 units, the cost of additional unit is approx. 797.
6. () x=6 (ii) x=5 7. MAC=4x -3.5
I2. Total cost function - 2x* - 1lx+ 50, Marginal cost function = 4x- l1.

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