Question

The marginal cost in dollars is given by dc/dx=4x +3. If the fixed costs are $2000...

The marginal cost in dollars is given by dc/dx=4x +3. If the fixed costs are $2000 what is the cost of producing 30 units

Homework Answers

Answer #1

The marginal cost in dollars is given by

Cost function is given by

Fixed costs are $2000

That is

Cost of producing 30 units is given by

That is

Cost of producing 30 units is $3890

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