Question

The total cost of producing x unite of a product is estimated by the cost function C = f(x) = 60x + 0.2x2 + 25,000
where C equals total cost measured in dollars. (Marks 04)
(a) What is the cost associated with producing 25,000 units?
(b) What is the cost associated with producing 0 units? What term might be used to describe this cost?

Answer 1

Step-by-step explanation:

The total cost of producing x unite of a product is estimated by the cost function C = f(x) = 60x + 0.2x2 + 25,000 where C equals total cost ...