The total cost function for a product is given by C(x) = 3x3-9x² -243x + 1229, where x is the number of units produced and C is the cost in hundreds of dollars. Use factoring by grouping and then find the number of units that will give a total cost of at least $50,000. Verify the conclusion with a graphing utility. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. The values of x that make the total cost of at least $50,000 are the point(s) (Use a comma to separate answers as needed.) OB. The values of x that make the total cost of at least $50,000 are the interval (Type your answer in interval notation.) OC. There are no values of x that make the total cost of at least $50,000.

The total cost function for a product is given by C(x) = 3x3-9x² -243x + 1229, where x is the number of units produced and C is the cost in hundreds of dollars. Use factoring by grouping and then find the number of units that will give a total cost of at least $50,000. Verify the conclusion with a graphing utility. Select the correct choice below and, if necessary, fill in the answer box to complete your choice. OA. The values of x that make the total cost of at least $50,000 are the point(s) (Use a comma to separate answers as needed.) OB. The values of x that make the total cost of at least $50,000 are the interval (Type your answer in interval notation.) OC. There are no values of x that make the total cost of at least $50,000.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter4: Extent (how Much) Decisions

Section: Chapter Questions

Problem 2MC

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