A toy manufactures has fixed costs of $3000 (such as rent, insurance and business loans). In addition there are variable costs of $2 per toy. At a production level of x toys cost function is C(x) = 3000+ 2x. (a) Find the cost of producing 2000 toys. (b) What additional cost is incurred. if the production is increased from 2000 toys to 2200 toys? (c) How many toys can be produced at a cost of $5000? Answers: (a)$7000 (b)$400 (c) 1000 toys
A toy manufactures has fixed costs of $3000 (such as rent, insurance and business loans). In addition there are variable costs of $2 per toy. At a production level of x toys cost function is C(x) = 3000+ 2x. (a) Find the cost of producing 2000 toys. (b) What additional cost is incurred. if the production is increased from 2000 toys to 2200 toys? (c) How many toys can be produced at a cost of $5000? Answers: (a)$7000 (b)$400 (c) 1000 toys
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
Chapter4: Complex Numbers
Section: Chapter Questions
Problem 40RE
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