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1. Develop a monthly total cost function for this business of the form: C(x) = Vx + F Where C(x) represents the total cost for
1. Develop a monthly total cost function for this business of the form:
C(x) = Vx + F
Where C(x) represents the total cost for the month to produce x tons of feed, V represents the variable costs per ton of feed produced based on monthly averages, and F is the total of all average monthly fixed costs.
2. Use Desmos to graph the monthly total cost function for 0
3. Develop an average cost function based on the total cost function developed above.
Office Bullding Expense Processing Plant Electricity Electricity- Office Processing Processing Labor Processine Wage per Hour Feed Produced in Tons Transportation per mile Water- Processing Insurance Salary- Manager Salary Office Hours Total Miles Driven 445 $ 1070 $ 680 S 11,000 $ 6,500 $ 47S $ 7,500 S 11,000 $ 6,500 ,010 $ 560 1.38 November Decern berStep by Step Solution
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