A company has a fixed cost of $8250 and a marginal cost of $450 for each item

Question:

A company has a fixed cost of $8250 and a marginal cost of $450 for each item produced, (a)

Express the cost C as a function of the number x of items produced and evaluate the function at

(b) x

= 20 and

(c) x = 50. image text in transcribed

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Schaum S Outline Of Mathematical Methods For Business Economics And Finance

ISBN: 978-1264266876

2nd Edition

Authors: Luis Moises Pena Levano

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Question Posted: Sep 20, 2024 06:02 AM

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A company has a fixed cost of $8250 and a marginal cost of $450 for each item

Question:

(a) (b) (c) C(x)=450x + 8250 C(20) 450(20) + 8250 = 17,250 = C(50)=450(50) + 8250 = 30,750

Step by Step Answer:

Schaum S Outline Of Mathematical Methods For Business Economics And Finance

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