statistics

Assume that the situation can be expressed as a linear cost function. Find the cost function. Fixed cost is $200; 30 items cost $1100 to produce. The linear cost function is C(x) = 2 Assume that the situation can be expressed as a linear cost function. Find the cost function in this case. Marginal cost: $25: 170 items cost $6500 to produce. The linear cost function is C(x)