DSC1520 Assignment 3 Semester 1 2024

1. UNISA
2. 2024
3. DSC1520-24-Y
4. Welcome Message
5. Assessment 3




Started on Thursday, 18 February 2024, 5:23 PM
State Finished
Completed on Thursday, 18 February 2024, 5:12 PM
Time taken 11 mins 4 secs
Grade 100.00 out of 100.00




Question 1

Correct

Mark 7.00 out of 7.00




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 100
if brooms are manufactured?




a. 1 996 

b. 5


c. 99 614


d. 996




Your answer is correct.
1 996

The correct answer is:

, Question 2

Correct

Mark 7.00 out of 7.00




The demand function of afirm 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. 150 

b. 75


c. 0


d. 113




Your answer is correct.

The correct answer is:
150




Question 3

Correct

Mark 7.00 out of 7.00




What is the marginal cost whenQ = 8 if the total cost function is given by

1
3 2
TC = Q − 30Q + 2 800Q + 2 800?
3




a. 2 384 

b. 2 444


c. 3 084


d. 21 461




Your answer is correct.

The correct answer is:
2 384