A cereal factory has weekly fixed costs of $22,000. It costs $1.26 to produce each box of cereal. A box of cereal sells for $4.06. Find the rule of the cost function c(x) that gives the total weekly cost ← producing x boxes of cereal. O A c(x)=1.26x OB. c(x)=22,000+ 1.26x OC. c(x)=22,000+4.06x OD. c(x)=22,000+ 2.8x
A cereal factory has weekly fixed costs of $22,000. It costs $1.26 to produce each box of cereal. A box of cereal sells for $4.06. Find the rule of the cost function c(x) that gives the total weekly cost ← producing x boxes of cereal. O A c(x)=1.26x OB. c(x)=22,000+ 1.26x OC. c(x)=22,000+4.06x OD. c(x)=22,000+ 2.8x
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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A cereal factory has weekly fixed costs of $22,000. It costs $1.26 to produce each box of cereal. A box of cereal sells for $4.06. Find the rule of the cost function c(x) that gives the total weekly cost of
producing x boxes of cereal.
OA. c(x)=1.26x
OB. c(x)=22,000+ 1.26x
OC. c(x)=22,000 +4.06x
OD. c(x)=22,000+ 2.8x
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