Q.3: the function describing the marginal cost (in dollars) of producing a product is MC = 8ßx +800N Where x equals the no of units produced. It is known that cost equals $70000 when 45 units are produced. Determine the total cos function.

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Q.3: the function describing the marginal cost (in dollars) of producing a product is
MC = 8ßx + 80on
Where x equals the no of units produced. It is known that cost equals $70000 when 45 units are
produced. Determine the total cos function.
Transcribed Image Text:Q.3: the function describing the marginal cost (in dollars) of producing a product is MC = 8ßx + 80on Where x equals the no of units produced. It is known that cost equals $70000 when 45 units are produced. Determine the total cos function.
a = F + 0,
B = S + 4
Q = T + 1.
By using these values of a, B, and Q, Solve al|
questions of the following questions.
Consider
%3D
%3D
%3D
Transcribed Image Text:a = F + 0, B = S + 4 Q = T + 1. By using these values of a, B, and Q, Solve al| questions of the following questions. Consider %3D %3D %3D
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