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A company has the following costs to produce tables: $10,000 machinery, $5,000 rent, $150 per table in materials, $2,000 in labor, and $65 per table
A company has the following costs to produce tables:
$10,000 machinery, $5,000 rent, $150 per table in materials, $2,000 in labor, and $65 per table in shipping. What is the company's cost function?
C(x) = 15,000 + 150x
C(x) = 17,000 + 215x
C(x) = 12,000 + 150x
C(x) = 17,000 + 150x
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