Cost, revenue, and profit are in dollars and x is the number of units. If the marginal cost for a product is MC = 150 + 0.15squarerootofx and the total cost of producing 100 units is $45,000, find the total cost function. C(x) = Find the fixed costs (in dollars
Cost, revenue, and profit are in dollars and x is the number of units. If the marginal cost for a product is MC = 150 + 0.15squarerootofx and the total cost of producing 100 units is $45,000, find the total cost function. C(x) = Find the fixed costs (in dollars
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 4.2E: bThe average rate of change of the linear function f(x)=3x+5 between any two points is ________.
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Cost, revenue, and profit are in dollars and x is the number of units.
If the marginal cost for a product is
MC = 150 + 0.15squarerootofx
and the total cost of producing 100 units is $45,000, find the total cost function.C(x) =
Find the fixed costs (in dollars).
$
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