c) If Q is the number of units of products made (Quantity), then total cost function is C(Q) and marginal cost is C'(Q)= dC/dQ. Find the fixed cost and total cost function if marginal cost is 30² + 60 + 11, and it costs $2,000 to produce 10 units. Fixed cost = $ Total cost function:

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter3: Functions
Section3.2: Domain And Range
Problem 61SE: The cost in dollars of making x items is given by the function Cx)=10x+500. a. The fixed cost is...
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c) If Q is the number of units of products made (Quantity), then total cost function is C(Q) and marginal cost is C'(Q)= dC/dQ.
Find the fixed cost and total cost function if marginal cost is 30² + 60+ 11, and it costs $2,000 to produce 10 units.
Fixed cost = $
Total cost function :
Transcribed Image Text:c) If Q is the number of units of products made (Quantity), then total cost function is C(Q) and marginal cost is C'(Q)= dC/dQ. Find the fixed cost and total cost function if marginal cost is 30² + 60+ 11, and it costs $2,000 to produce 10 units. Fixed cost = $ Total cost function :
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