A firms marginal cost function is MC = x2 6x + 125, where x is the

Question:

A firm’s marginal cost function is MC = x2 – 6x + 125, where x is the number of units produced.

Fixed costs are $280. Find the total cost TC of producing x units.

Substituting the fixed cost information: TC(0) = 280, image text in transcribed

Thus Note that in integrating a marginal cost function to obtain a total cost function, the fixed cost FC will always be the constant of integration.

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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 06:03 AM

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A firms marginal cost function is MC = x2 6x + 125, where x is the

Question:

-TC = 1: MC dx = (x-6x+125) dx = x-3x + 125x+c

Step by Step Answer:

Schaum S Outline Of Mathematical Methods For Business Economics And Finance

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