Cost (thousands of $) The graph shown on the right represents the cost C (in thousands of dollars) of refining x gallons of gasoline per hour (in thousands). The vertical axis represents the cost, and the 800- horizontal axis represents the number of gallons of gasoline refined. Cost of refining gasoline per hour 1000- 600- 400- Answer the following questions below in parts (a) through (d). 200- 04 0 100 200 300 400 500 600 700 800 Number of Gallons (thousands) (a) What is the cost of refining 200 thousand gallons of gasoline per hour? thousand
Cost (thousands of $) The graph shown on the right represents the cost C (in thousands of dollars) of refining x gallons of gasoline per hour (in thousands). The vertical axis represents the cost, and the 800- horizontal axis represents the number of gallons of gasoline refined. Cost of refining gasoline per hour 1000- 600- 400- Answer the following questions below in parts (a) through (d). 200- 04 0 100 200 300 400 500 600 700 800 Number of Gallons (thousands) (a) What is the cost of refining 200 thousand gallons of gasoline per hour? thousand
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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ISBN:
9781337617383
Author:
Roger A. Arnold
Publisher:
Cengage Learning