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The cost function for a company is C(x) = 90x + 1,800, where x is the number of units produced. What is the y-intercept, and
The cost function for a company is C(x) = 90x + 1,800, where x is the number of units produced. What is the y-intercept, and what does it represent?
1,800. It represents the cost to produce each unit.
90. It represents the fixed costs.
1,890. It represents the total costs.
1,800. It represents the fixed costs of producing zero units.
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