The marginal cost of a product, in dollars per unit, is C'(q) = q² – 50q + 700. If fixed costs are $5000, find the total cost to produce 50 items. Select one: $14167 O $19167 $24167 $500

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter12: Quadratic Functions
Section12.6: Solving Problems Involving Quadratic Equations
Problem 1.3E
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The marginal cost of a product, in dollars per unit, is C' (q) = q? – 50g + 700. If fixed costs
are $5000, find the total cost to produce 50 items.
Select one:
O $14167
$19167
$24167
O $500
Transcribed Image Text:The marginal cost of a product, in dollars per unit, is C' (q) = q? – 50g + 700. If fixed costs are $5000, find the total cost to produce 50 items. Select one: O $14167 $19167 $24167 O $500
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