The total cost (in dollars) of producing x college textbooks is C(x) = 40x+100,000. (a) What are the fixed costs? (b) What is the marginal cost per book? (c) What is the total cost of producing 1000 books? 39,000 books? (d) What is the average cost when 1000 books are produced? when 39,000 books are produced?
The total cost (in dollars) of producing x college textbooks is C(x) = 40x+100,000. (a) What are the fixed costs? (b) What is the marginal cost per book? (c) What is the total cost of producing 1000 books? 39,000 books? (d) What is the average cost when 1000 books are produced? when 39,000 books are produced?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section: Chapter Questions
Problem 26MCQ
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The total cost (in dollars) of producing x college textbooks is C(x) = 40x+100,000. (a) What are the fixed costs? (b) What is the marginal cost per book? (c) What is the total cost of producing 1000 books? 39,000 books? (d) What is the average cost when 1000 books are produced? when 39,000 books are produced?
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